Legal Opinion

Cornwell v. Baldwin's Bank

Appellate Division of the Supreme Court of the State of New York

Decided December 16, 1896PublishedCited by 3 opinions

Appeal from special term, Yates county. Action by George R. Cornwell, as assignee for the benefit of creditors of Edson Potter and others, constituting the firm of Potter, Kinne & Kendall, against Baldwin’s Bank of Penn Yan, to set aside a transfer by plaintiff’s assignors to defendant of their accounts, on the ground that the debt to secure which the transfer was made is paid, and that the transfer was in fraud of creditors.

Read the full summary

Appeal from special term, Yates county. Action by George R. Cornwell, as assignee for the benefit of creditors of Edson Potter and others, constituting the firm of Potter, Kinne & Kendall, against Baldwin’s Bank of Penn Yan, to set aside a transfer by plaintiff’s assignors to defendant of their accounts, on the ground that the debt to secure which the transfer was made is paid, and that the transfer was in fraud of creditors. From a judgment entered on a decision of the trial judge setting aside the transfer in part, both parties appeal. Affirmed.

1Per curiam

Judgment affirmed, with costs, on the opinion of BRADLEY, J., delivered at special term.

2Cited by3 opinions

  1. Mechanics & Metals National Bank of New York v. PingreeIdaho Supreme Court · 1924
  2. American Exchange National Bank v. Federal National BankSupreme Court of Pennsylvania · 1910
  3. Clanton Bank v. RobinsonSupreme Court of Alabama · 1915