National Citizens' Bank v. Toplitz
Appellate Division of the Supreme Court of the State of New York
Appeal by the defendant, Emma Ida Toplitz, from a judgment of the Supreme Court in favor of the plaintiff, entered in the office of the clerk of the county of New York on the 24th day of October, 1902, upon the verdict of a jury rendered by direction of the court after a trial at the New York Trial Term.
1Opinion of the Court
Patterson, J.:
On the 26th of December, 1899, the defendant made her promissory note by which she promised, five months after date, to pay to the order of L. Toplitz, Son & Co., $5,000 at the Chemical National Bank, New York, for value received. The note was indorsed by L. Toplitz, Son & Co. and was discounted by the Ninth National Bank, to the rights of which bank the plaintiff has succeeded by consolidation of the tfvo corporations.
This was an accommodation note, and when it was discounted by the Ninth National Bank that bank had full notice that it wa's an accommodation note. It was not…
2Cases cited1 opinion
- Grow v. . GarlockNew York Court of Appeals · 1884
3Cited by24 opinions
- Cellers v. MeachemOregon Supreme Court · 1907
- Wolstenholme v. SmithUtah Supreme Court · 1908
- First State Bank v. WilliamsCourt of Appeals of Kentucky · 1915
- Long v. ShaferMissouri Court of Appeals · 1914
- Oklahoma State Bank of Sayre v. SeatonSupreme Court of Oklahoma · 1918
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