Legal Opinion
Norwalk v. Marcus
Appellate Division of the Supreme Court of the State of New York
Decided April 29, 1932PublishedCited by 5 opinions
1Opinion of the CourtMartin, J.
The complaint alleges that the defendants, including the Bank of United States, agreed that if the plaintiffs would purchase certain units of stock, each consisting of one share of the Bankus Corporation and one share of the Bank of United States stock at the price of $198 per unit, the defendants Bernard K. Marcus, the Bank of United States and the Bankus Corporation would, at any time within one year after the date of such purchase, repurchase the said units at the aforementioned price of $198 per unit. In reliance upon such promises plaintiffs, some time in July, 1929, did purchase sixty…
2Cases cited8 opinions
- Topken, Loring & Schwartz, Inc. v. SchwartzNew York Court of Appeals · 1928
- Richards v. Ernst Wiener Co.New York Court of Appeals · 1912
- McIntyre v. E. Bement's SonsMichigan Supreme Court · 1906
- Trotter v. . LismanNew York Court of Appeals · 1913
- Atwater v. StrombergSupreme Court of Minnesota · 1899
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3Cited by5 opinions
- Broderick v. AdamsonNew York Supreme Court · 1933
- County Trust Co. v. MaraAppellate Division of the Supreme Court of the State of New York · 1934
- Sturman v. PolitoRochester City Court · 1936
- Van Schaick v. Manhattan Savings InstitutionNew York Court of Appeals · 1936
- Goldwyn Loan & Investment Corp. v. WeinfeldCity of New York Municipal Court · 1932