Legal Opinion

Chabot v. Empire Trust Co.

District Court, S.D. New York

Decided December 15, 1960PublishedCited by 3 opinions

1Opinion of the Court

MacMAHON, District Judge.

These are motions in companion actions to stay proceedings until the plaintiff in each action delivers to the defendant Empire Trust Company a bond in the amount of $35,000, to indemnify it for the costs and expenses of defending the actions.

“National Securities Series” is a name used to refer to a Mutual Fund composed of various types of securities. The Fund was organized on June 1, 1940 as a common law trust under the laws of New York by a Trust Agreement executed by the defendant Empire, as Trustee, defendant National Securities & Research Corporation, as…

2Cases cited3 opinions

  1. Clarke v. Chase Nat. Bank of City of New YorkCourt of Appeals for the Second Circuit · 1943
  2. La Vaud v. ReillyNew York Court of Appeals · 1946
  3. Pieper v. RenkeNew York Court of Appeals · 1958

3Cited by3 opinions

  1. Leon Kirschner and Henry Naftulin, Individually and as Co-Partners, Trading as K-N Enterprises v. West CompanyCourt of Appeals for the Third Circuit · 1962
  2. Chabot v. Empire Trust Co.Court of Appeals for the Second Circuit · 1962
  3. Aleen Chabot v. Empire Trust Company, and National Securities & Research Corporation, Seymour Schwartz v. National Securities & Research Corporation, and Empire Trust CompanyCourt of Appeals for the Second Circuit · 1962

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