Corn Exchange Bank v. American Dock & Trust Co.
New York Court of Appeals
Appeal from judgment of the General Term of the Supreme Court in the first judicial department, entered upon an order made May 18, 1894, which affirmed a judgment in favor of plaintiff entered upon a verdict, and also affirmed an order denying a motion for a new trial. Action to recover damages for the conversion of one hun-. dred and ninety-four bales of cotton, alleged to belong to the plaintiff, which the defendant refused to deliver upon demand.
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Appeal from judgment of the General Term of the Supreme Court in the first judicial department, entered upon an order made May 18, 1894, which affirmed a judgment in favor of plaintiff entered upon a verdict, and also affirmed an order denying a motion for a new trial. Action to recover damages for the conversion of one hun-. dred and ninety-four bales of cotton, alleged to belong to the plaintiff, which the defendant refused to deliver upon demand. The defendant, by its answer, after admitting the corporate character of the parties, pleads a general denial and alleges that the supposed…
1Opinion of the CourtYann, J.
For the third time the defendant is before this
court to defend itself from liability on account of the misconduct of its former president, the late M. W. Stone. The actions were all based upon warehouse certificates issued by Stone, as president, to Iris own order, for cotton purporting to have been deposited by him in the storehouses of the defendant.
The plaintiff in the first action sought to make the defendant liable upon a certificate alone, with proof of Stone’s authority to issue such certificates to third persons, but without any evidence of authority in him to issue certificates to…
2Cases cited2 opinions
- Hanover National Bank v. American Dock & Trust Co.New York Court of Appeals · 1896
- Bank of New York National Banking Ass'n v. American Dock & Trust Co.New York Court of Appeals · 1894
3Cited by7 opinions
- Gale v. Chase Nat. BankCourt of Appeals for the Second Circuit · 1900
- Sparr v. PeopleSupreme Court of Colorado · 1950
- Corn Exchange Bank v. American Dock & Trust Co.New York Court of Appeals · 1900
- Corn Exchange Bank v. American Dock & Trust Co.Appellate Division of the Supreme Court of the State of New York · 1897
- Stanford Seed Co. v. Balfour, Guthrie & Co.New York Supreme Court · 1960
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