Legal Opinion
In re the Estate of Johnson
New York Surrogate's Court
Decided April 20, 1938PublishedCited by 1 opinion
1Opinion of the Court
Hart, S.
During 1929 the Erie Downs Golf and Country Club, Inc., borrowed from the Royal Bank of Canada, located at Fort Erie, Ontario, through the medium of overdrafts which were honored by the bank upon condition and consideration that the club furnish at any time requested to the bank, a note or notes equivalent to the aggregate amount of the overdrafts, and such collateral security as the lender might request. The overdrafts reached a sum of approximately $10,000, and on or about October 18, 1929, the bank called for a note of $10,000, a guaranty bond and postponement of claim. The…
2Cases cited12 opinions
- Brown v. . CurtissNew York Court of Appeals · 1849
- Hard v. . MingleNew York Court of Appeals · 1912
- City Nat'l Bank of Poughkeepsie v. . PhelpsNew York Court of Appeals · 1881
- Corn Exchange Bank Trust Co. v. GiffordNew York Court of Appeals · 1935
- Field v. SibleyAppellate Division of the Supreme Court of the State of New York · 1902
7 more not listed; retrieve them via the Exa API.
3Cited by1 opinion
- First New Jersey Bank v. FLM Bus. MacHines, Inc.New Jersey Superior Court Appellate Division · 1974