Legal Opinion
World Exchange Bank v. Commercial Casualty Insurance
New York Court of Appeals
Decided November 18, 1930PublishedCited by 50 opinions
1Opinion of the Court
Cardozo, Ch. J.
The plaintiff, a bank in the city of New York, received from the defendant a bond or policy of insurance indemnifying it against certain described losses suffered in its business.
Martin Katz, trading as Tunney Rooters, opened a depositor’s account with the plaintiff on September 14, 1926. Between that time and September 23, he deposited a number of checks and drafts, some genuine, some forged. The checks, when forged, were drawn on banks in the far west. The drafts were drawn on the Metropolitan Mortgage and Securities Company, which was merely a trade name for Katz himself.
Ther…
2Cases cited14 opinions
- Bird v. St. Paul Fire & Marine InsuranceNew York Court of Appeals · 1918
- Silverstein v. Metropolitan Life InsuranceNew York Court of Appeals · 1930
- People v. . FlackNew York Court of Appeals · 1891
- Goshen National Bank v. BinghamNew York Court of Appeals · 1890
- People v. . BakerNew York Court of Appeals · 1884
9 more not listed; retrieve them via the Exa API.
3Cited by50 opinions
- People v. CastroCalifornia Supreme Court · 1985
- Home Indemnity Co. v. Reynolds & Co.Appellate Court of Illinois · 1962
- Curcio v. City of New YorkNew York Court of Appeals · 1937
- Tonkin v. California Insurance Co. of San Francisco, Inc.New York Court of Appeals · 1945
- Gitelson v. Du PontNew York Court of Appeals · 1966
45 more not listed; retrieve them via the Exa API.