Van Leuven v. . First National Bank of Kingston
New York Court of Appeals
This was an action to recover the value of certain United States treasury 7-30 notes to the amount of $1,000, alleged to have been delivered to defendant to be exchanged for 5-20 bonds. The dealing in and exchange of government securities was part of defendant’s business; J. H. Hasbrouck was its president and managing officer.
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This was an action to recover the value of certain United States treasury 7-30 notes to the amount of $1,000, alleged to have been delivered to defendant to be exchanged for 5-20 bonds. The dealing in and exchange of government securities was part of defendant’s business; J. H. Hasbrouck was its president and managing officer. Plaintiff had deposited in its vaults treasury 7-30 notes to the amount of $10,000. He went to the bank and found Hasbrouck in the room occupied by him as president and told him he desired to exchange his notes for 5-20 bonds. Hasbrouck said: “ We will do it * * * , we…
1Opinion of the Court
Earl, C.,
reads for affirmance.
Lott, Ch. C., and Gray, C., concur.
Reynolds and Johnson, CC., read for reversal.
Judgment affirmed.
2Cited by7 opinions
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