Legal Opinion

Chase Manhattan Bank v. McLeish

Appellate Terms of the Supreme Court of New York

Decided January 31, 1968PublishedCited by 4 opinions

1Opinion of the CourtCharles Margett, J.

This is an action to recover an unpaid balance of $3,176.96 on a promissory note dated August 7, 1964, executed by defendants McLeish to the order of third-party defendant E.S.A.I., Inc. The note was indorsed over to Chase Manhattan Bank (Chase), and delivered to it together with an underlying retail installment contract.

The sole issue is whether defendants, by executing a so-called ‘ ‘ completion certificate ’ ’ which ultimately was delivered to Chase, are thereby barred from urging any defenses which they might have asserted against the payee.

There is no dispute as to the essential facts.…

2Cases cited1 opinion

  1. Tarrytown National Bank & Trust Co. v. Nerealty Co.Appellate Division of the Supreme Court of the State of New York · 1944

3Cited by4 opinions

  1. Caspian Realty, Inc. v. Zoning Board of AppealsAppellate Division of the Supreme Court of the State of New York · 2009
  2. United States Leasing Corp. v. Franklin Plaza Apartments, Inc.Civil Court of the City of New York · 1971
  3. Mill Factors Corp. v. ByasNew York Supreme Court · 1971
  4. Chase Manhattan Bank (National Association) v. McLeishAppellate Division of the Supreme Court of the State of New York · 1968

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