Legal Opinion
American Lodge Ass'n v. East New York Savings Bank
Appellate Division of the Supreme Court of the State of New York
Decided April 2, 1984PublishedCited by 7 opinions
1Opinion of the Court
OPINION OF THE COURT
Thompson, J.
Plaintiff, a not-for-profit corporation, purchased a certificate of deposit in 1974 from defendant Hamburg Savings Bank (Hamburg). Plaintiff filed a corporate resolution with the bank which, inter alia, contained the signatures of three of the corporate officers. The signatures of two of the three officers were necessary to withdraw funds from the *282account. The account was terminated in 1976 when the funds contained therein were withdrawn. This action to recover the balance of the certificate of deposit which was withdrawn in 1976 was commenced in 1981, upon a…
2Cases cited3 opinions
- Hutzler v. Hertz Corp.New York Court of Appeals · 1976
- Sage v. BurtonNew York Supreme Court · 1895
- Morrison v. ChapmanAppellate Division of the Supreme Court of the State of New York · 1913
3Cited by7 opinions
- Atlantic Cement Co. v. WilliamsAppellate Division of the Supreme Court of the State of New York · 1987
- Keil v. National Westminster Bank, Inc.New Jersey Superior Court Appellate Division · 1998
- People v. Credit Suisse Sec.New York Court of Appeals · 2018
- Banco Multiple Santa Cruz v. MorenoDistrict Court, E.D. New York · 2012
- City School District of City of Elmira v. New York State Public Employment Relations BoardAppellate Division of the Supreme Court of the State of New York · 1988
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