Legal Opinion

Mount Vernon Trust Co. v. Bergoff

New York Court of Appeals

Decided November 24, 1936PublishedCited by 90 opinions

1Opinion of the CourtLehman, J.

In October, 1932, Rose Bergoff, the mother of the defendant, owed the plaintiff bank the sum of $34,644.23 upon a promissory note which was fully secured by collateral deposited with the bank. At that time the defendant owned a bond and mortgage executed by Oakwood Gardens, Inc., on which the sum of $30,000 was due, with accrued interest amounting to $1,505. The mortgage was guaranteed by an additional bond executed by Milton Hall, an executive vice-president of the plaintiff bank, and two other persons. The defendant’s father, acting on her behalf and also on behalf of his wife, Rose…

2Cases cited5 opinions

  1. Higgins v. . RidgwayNew York Court of Appeals · 1897
  2. Bay Parkway National Bank v. ShalomNew York Court of Appeals · 1936
  3. Cedar State Bank v. OlsonSupreme Court of Kansas · 1924
  4. Iglehart v. ToddIndiana Supreme Court · 1931
  5. Denny, Banking Commissioner v. FishterCourt of Appeals of Kentucky (pre-1976) · 1931

3Cited by90 opinions

  1. D'Oench, Duhme & Co. v. Federal Deposit InsuranceSupreme Court of the United States · 1942
  2. Deitrick v. GreaneySupreme Court of the United States · 1940
  3. Bersani v. General Accident Fire & Life Assurance Corp.New York Court of Appeals · 1975
  4. Long Island Trust Co. v. International Institute for Packaging Education, Ltd.New York Court of Appeals · 1976
  5. Resolution Trust Corp. v. WinslowCalifornia Court of Appeal · 1992

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