Melton Pilalas & Co. v. First National City Bank

In this action the plaintiff sought to recover a sum deposited in the First National City Bank of New York. The bank interpleaded defendant Cukobirlek, a Turkish co-operative enterprise, and the Banque Céntrale de la Bepublique de Turquie, a Turkish bank. The latter claims no interest in the fund and the action proceeded as one between the plaintiff and the co-operative, hereinafter the defendant. The case was tried before the court without a jury, and judgment was rendered for the plaintiff.

It appears that in September, 1957 American Export Enterprises, Inc. (herein the seller) contracted to…