Legal Opinion
National Surety Corp. v. Fishkill National Bank
New York Supreme Court
Decided November 28, 1969PublishedCited by 9 opinions
1Opinion of the CourtNathaniel T. Helman, J.
The action is brought under article 3-A of the Lien Law by the National Surety Corporation as *580subrogee of the rights of laborers, materialmen, and suppliers of the Arthur J. Walsh Contracting Co., contractor on a public works construction project in the City of Beacon, against the Fishkill National Bank, to recover trust funds allegedly diverted by the bank. The contract involved the construction of an intercepting sewer at an agreed price of $286,710 (adjusted by reason of additions to $325,884.15). The customary labor and material payment bond, as well as a performance bond, were executed…
2Cases cited9 opinions
- Bischoff v. . Yorkville BankNew York Court of Appeals · 1916
- United States Fidelity & Guaranty Co. v. Triborough Bridge AuthorityNew York Court of Appeals · 1947
- Raymond Concrete Pile Co. v. Federation Bank & Trust Co.New York Court of Appeals · 1942
- Scarsdale National Bank & Trust Co. v. United States Fidelity & Guaranty Co.New York Court of Appeals · 1934
- Arrow Iron Works, Inc. v. GreeneNew York Court of Appeals · 1932
4 more not listed; retrieve them via the Exa API.
3Cited by9 opinions
- S.J. Groves & Sons Co. v. Peters (In Re Peters)United States Bankruptcy Court, N.D. New York · 1988
- Northern Structures, Inc. v. Union BankAppellate Division of the Supreme Court of the State of New York · 1977
- Schwadron v. FreundNew York Supreme Court · 1972
- St. Paul Fire & Marine Insurance v. StateNew York Court of Claims · 1979
- Raisler Corp. v. Uris 55 Water Street Co.New York Supreme Court · 1977
4 more not listed; retrieve them via the Exa API.