Bailey v. Drew
New York Supreme Court
Action by Isaac H. Bailey, as assignee in bankruptcy of Daniel Drew, against Daniel Drew, Chamberlain, Farmers’ Loan & Trust Company, and others, to have ascertained the amount due on a pledge of bonds by said Drew to Chamberlain, and for possession of the same on payment of the amount.
1Opinion of the CourtIngraham, J.
On the 24th of November, 1873, the defendant, Chamberlain, was the' owner of a note made by Daniel Drew, payable on demand for the sum of $118,297.54, and on that day there was delivered by Drew to Boyd for Chamberlain 168 bonds of $1,000 each, and of the market value of about $120,000. The transaction was between Drew, the maker of the note, and Boyd, acting on behalf of Chamberlain. Drew was about making an assignment or transfer of a large amount of bonds and other securities to his son, William H. Drew, and Boyd insisted that Drew should protect Chamberlain. Drew finally consented that…
2Cases cited4 opinions
- Markham v. . JaudonNew York Court of Appeals · 1869
- Miner v. . BeekmanNew York Court of Appeals · 1872
- Stearns v. MarshNew York Supreme Court · 1847
- Roberts v. SykesNew York Supreme Court · 1859
3Cited by3 opinions
- Brown v. BronsonAppellate Division of the Supreme Court of the State of New York · 1904
- Williams v. Flagg Storage Warehouse Co.New York Supreme Court · 1927
- Bowman v. HoffmanNew York Court of Common Pleas · 1892