Legal Opinion

Banco Portugues Do Atlantico v. Fonda Manufacturing Corp.

Appellate Division of the Supreme Court of the State of New York

Decided December 12, 1968PublishedCited by 5 opinions

1Opinion of the CourtMcNally, J.

In this action based on instruments for the payment of money, defendant appeals from the judgment entered on the order granting summary judgment to plaintiff under CPLR 3213.

Manuel Sampaio Moráis of Portugal sold cotton yarn hosiery to defendant, a New York corporation. The memorandum of sale, dated March 1, 1966, provides for shipments during 1966 and for payment by “45 days Sight Draft from receipt of shipment in Fonda, New York.”

Moráis indorsed and delivered to plaintiff 4 drafts drawn on defendant, 1 dated June 21,1966, and 3 dated July 1,1966. Each is payable 45 days from receipt or…

2Cases cited6 opinions

  1. Dahlstrom v. . GemunderNew York Court of Appeals · 1910
  2. Kirschbaum v. . EschmannNew York Court of Appeals · 1912
  3. Michigan Savings Bank v. MillarAppellate Division of the Supreme Court of the State of New York · 1906
  4. Michigan Savings Bank v. . MillarNew York Court of Appeals · 1906
  5. Universal C. I. T. Credit Corp. v. Greyhound Rent-A-Car, Inc.New York Supreme Court · 1963

1 more not listed; retrieve them via the Exa API.

3Cited by5 opinions

  1. Interman Industrial Products, Ltd. v. R. S. M. Electron Power, Inc.New York Court of Appeals · 1975
  2. Maglich v. Saxe, Bacon & Bolan, P. C.Appellate Division of the Supreme Court of the State of New York · 1983
  3. Key Bank of Southeastern New York, N. A. v. Strober Bros.Appellate Division of the Supreme Court of the State of New York · 1988
  4. Rosenthal & Rosenthal, Inc. v. John Kunstadt, Inc.Appellate Division of the Supreme Court of the State of New York · 1984
  5. Stern v. Chemical BankCivil Court of the City of New York · 1975

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