Legal Opinion

National Cash Register Co. v. Mishkin's 125th St., Inc.

Civil Court of the City of New York

Decided December 4, 1970PublishedCited by 4 opinions

1Opinion of the CourtRichabd S. Lane, J.

These motions are considered together and raise an interesting question of priority between conflicting security interests under the Uniform Commercial Code.

A brief chronological history is essential to understanding the question:

1) On November 25, 1969 defendant sold its drug business at 568 West 125th Street in New York City (hereinafter sometimes referred to as the “ premises ”) to Aberdeen Drugs Co., Inc. To secure the unpaid portion of the purchase price, defendant took back a chattel mortgage covering the contents of the premises and including specifically among other things four used…

2Cases cited5 opinions

  1. General Motors Acceptance Corp. v. HaleyMassachusetts Supreme Judicial Court · 1952
  2. John Deere Co. of Baltimore, Inc. v. William C. Pahl Construction Co.Appellate Division of the Supreme Court of the State of New York · 1970
  3. Beneficial Finance Co. v. Kurland Cadillac-Oldsmobile, Inc.Appellate Terms of the Supreme Court of New York · 1968
  4. John Deere Co. of Baltimore v. William C. Pahl Construction Co.New York Supreme Court · 1969
  5. Bloch Bros. Paper Co. v. LarkinCity of New York Municipal Court · 1950

3Cited by4 opinions

  1. International Harvest. Cr. v. American Nat. Bk.Supreme Court of Florida · 1974
  2. First National Bank of Boston v. Shugrue (In Re Ionosphere Clubs, Inc.)District Court, S.D. New York · 1991
  3. TMMB Funding Corp. v. Associated Food Stores, Inc.Appellate Division of the Supreme Court of the State of New York · 1988
  4. Shallcross v. COMMUNITY STATE BANK AND TRUST CO.New Jersey Superior Court Appellate Division · 1981

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