Legal Opinion
First National Bank v. Level Club, Inc.
Appellate Division of the Supreme Court of the State of New York
Decided May 27, 1938PublishedCited by 3 opinions
1Opinion of the CourtCallahan, J.
Plaintiffs appeal from a judgment in favor of defendants on the merits, after a trial at Special Term, New York county.
*257The action is one for rescission against the defendant Level Club, Inc., and for damages for deceit against the other defendants. It is based on alleged false representations contained in a letter set forth in a prospectus relating to an issue of $750,000 of second mortgage notes sold by the defendant Level Club, Inc., to plaintiff Sawyer Brothers, Inc., and resold by the latter to the other plaintiffs. The letter was signed by the defendant Schmuck, as president of the club.…
2Cases cited5 opinions
- Merry Realty Co. v. Shamokin & Hollis Real Estate Co.New York Court of Appeals · 1921
- Dudley v. Congregation of the Third Order of St. FrancisNew York Court of Appeals · 1893
- Long v. . WarrenNew York Court of Appeals · 1877
- Mack v. . LattaNew York Court of Appeals · 1904
- First National Bank v. Level Club, Inc.Appellate Division of the Supreme Court of the State of New York · 1934
3Cited by3 opinions
- Freeman v. Kiamesha Concord, Inc.Civil Court of the City of New York · 1974
- Thompson v. WadeSupreme Court of Kansas · 1942
- Hunter v. 1001 Tenants Corp.Appellate Division of the Supreme Court of the State of New York · 1961