Halsey v. Winant
New York Court of Appeals
1Opinion of the CourtHubbs, J.
The defendant Winant defaulted in paying a bill of exchange for $300,000, held by the plaintiffs. The obligation became due on October 1, 1928. Prior thereto and commencing in May, 1928, Winant and the defendant W. A. Harriman & Co., Inc. (hereinafter referred to as Harriman), had made certain loan agreements whereby $2,600,000 was loaned to Winant and 450,000 shares of stock of the Falcon Oil Corporation were pledged as collateral. The 450,000 shares so pledged represented a substantial majority of the outstanding shares of the Falcon Oil Corporation.
The loan agreement gave to the defendant…
2Cases cited11 opinions
- Thompson v. . Van VechtenNew York Court of Appeals · 1863
- Merchants Exchange National Bank v. Commercial Warehouse Co.New York Court of Appeals · 1872
- Huntington v. . AttrillNew York Court of Appeals · 1890
- Hubbard v. TodSupreme Court of the United States · 1898
- Wheelock v. . LeeNew York Court of Appeals · 1876
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- Seidel v. 18 East 17th Street Owners, Inc.New York Court of Appeals · 1992
- United States v. McCombsCourt of Appeals for the Second Circuit · 1994
- UNITED STATES v. McCOMBSCourt of Appeals for the Second Circuit · 1994
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