Legal Opinion

Halsey v. Winant

New York Court of Appeals

Decided March 3, 1932PublishedCited by 57 opinions

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

  1. Thompson v. . Van VechtenNew York Court of Appeals · 1863
  2. Merchants Exchange National Bank v. Commercial Warehouse Co.New York Court of Appeals · 1872
  3. Huntington v. . AttrillNew York Court of Appeals · 1890
  4. Hubbard v. TodSupreme Court of the United States · 1898
  5. Wheelock v. . LeeNew York Court of Appeals · 1876

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3Cited by57 opinions

  1. Marine Midland Bank v. MurkoffAppellate Division of the Supreme Court of the State of New York · 1986
  2. Chen v. New Trend Apparel, Inc.District Court, S.D. New York · 2014
  3. Seidel v. 18 East 17th Street Owners, Inc.New York Court of Appeals · 1992
  4. United States v. McCombsCourt of Appeals for the Second Circuit · 1994
  5. UNITED STATES v. McCOMBSCourt of Appeals for the Second Circuit · 1994

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