Kapiloff v. Feist
Appellate Terms of the Supreme Court of New York
Appeal from Municipal Court, Borough of Manhattan, Thirteenth District. Action by Max Kapiloff against Adolph Feist. From a judgment for plaintiff, defendant appeals'.
1Opinion of the CourtBischoff, J.
The plaintiff procured some other person to obtain the proceeds upon the discount of a promissory note handed him by the defendant, and, having received the proceeds, he loaned the money to the defendant. The no.te was not paid at maturity, and this action was brought to recover the money loaned. Neither the plaintiff nor 'defendant being parties to the note, this action could not be brought upon it, and the result of the transaction was simply- that the plaintiff obtained money, pledging his own credit to the person who procured the discount, which money he in turn loaned to the defendant.…
2Cases cited1 opinion
- Queens County Bank v. LeavittNew York Supreme Court · 1890