Legal Opinion
Belmar Trucking Corp. v. American Trust Co.
Civil Court of the City of New York
Decided July 31, 1970PublishedCited by 28 opinions
1Opinion of the CourtEdwaed Goodell, J.
The primary issue in this case is whether a collecting bank is liable to the corporate payee of a check for its face amount under the following circumstances: The plaintiff is engaged in the trucking business. One of its trailers was stolen in January, 1966. A claim for the loss was made on its behalf to the insurer, the Holyoke Mutual Fire Insurance Company, by the plaintiff’s insurance broker, Frank Jayson, the third-party defendant in this action.
The plaintiff’s claim was settled for $1,750. On August 9, 1966 the insurance company issued its check for that amount, drawn on a Massachusetts…
2Cases cited11 opinions
- Wen Kroy Realty Co. v. Public National Bank & Trust Co.New York Court of Appeals · 1932
- Claflin v. Farmers' & Citizens' Bank of Long IslandNew York Court of Appeals · 1862
- Wagner Trading Co. v. Battery Park National BankNew York Court of Appeals · 1920
- Rochester & Charlotte Turnpike Road Co. v. PaviourNew York Court of Appeals · 1900
- Standard Steam Specialty Co. v. Corn Exchange BankNew York Court of Appeals · 1917
6 more not listed; retrieve them via the Exa API.
3Cited by28 opinions
- Aetna Casualty and Surety Co. v. Hepler State BankCourt of Appeals of Kansas · 1981
- D & G Equipment Co., Inc. v. The First National Bank of Greencastle, Pa. v. Georgion, Roger L., Third PartyCourt of Appeals for the First Circuit · 1985
- National Bank v. Refrigerated Transport Co.Court of Appeals of Georgia · 1978
- Tormo v. YormarkDistrict Court, D. New Jersey · 1975
- Pargas, Inc. v. Estate of TaylorLouisiana Court of Appeal · 1982
23 more not listed; retrieve them via the Exa API.