Brown v. C. Rosenstein Co.

Motion for summary judgment, under rule 113 of the Rules of Civil Practice. The plaintiffs are copartners carrying on *789business as bankers under the firm name of Brown Brothers & Company. Plaintiff’s complaint for a first cause of action alleges: On or about the 26th day of August, 1922, at defendant’s request they issued a letter of credit authorizing Georges Yemian, of Varna, Bulgaria, to draw upon plaintiffs at three months’ sight for account of defendant for any sum or sums not exceeding in all $4,500 for eighty-five per cent cost of merchandise to be shipped to New York, the bills to bo…