Blair v. Lynch
New York Court of Appeals
Plaintiffs claimed to recover in this action upon an alleged verbal contract between the parties by which defendant agreed that if plaintiffs would loan to one J. A. S. Lynch $3,500, taking as security therefor an assignment of a bond and mortgage owned by said Lynch, known as the Slattery mortgage, if the loan was not repaid defendant would pay for the mortgage the amount so advanced, with $100 as commissions ; that plaintiffs made the loan, receiving as security the bond…
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Plaintiffs claimed to recover in this action upon an alleged verbal contract between the parties by which defendant agreed that if plaintiffs would loan to one J. A. S. Lynch $3,500, taking as security therefor an assignment of a bond and mortgage owned by said Lynch, known as the Slattery mortgage, if the loan was not repaid defendant would pay for the mortgage the amount so advanced, with $100 as commissions ; that plaintiffs made the loan, receiving as security the bond and mortgage with an absolute assignment thereof. Among other defenses defendant pleaded the statute of limitations, and…
1Opinion of the CourtFinch, J.
reads for reversal and new trial.
All concur, except Huger, Oh. J., not sitting.
Judgment reversed
2Cited by11 opinions
- Clark v. DiefendorfSupreme Court of Connecticut · 1929
- Union Stockyards National Bank of South Omaha v. MaikaWyoming Supreme Court · 1907
- Adams v. OlinNew York Supreme Court · 1891
- Ulster County Savings Institution v. DeyoAppellate Division of the Supreme Court of the State of New York · 1906
- Lang v. GageSupreme Court of New Hampshire · 1889
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