Seaboard Terminal & Refrigeration Co. v. Droste

L. HAND, Circuit Judge.

The plaintiff, a New Jersey company, operated a warehouse in Jersey City, in which the Dairy Trading Corporation, of which the defendant was president, had stored certain cases of eggs and butter during August, 1933, on which the plaintiff had a lien for the repayment of advances. The theory of the first count is that the defendant secured the delivery of the eggs to the Dairy Trading Corporation by falsely representing that that company was in position to substitute trust receipts for them, when in fact it had already assigned to a bank those accounts arising from…