Legal Opinion

Hungarian General Credit-Bank v. Titus

Appellate Division of the Supreme Court of the State of New York

Decided December 8, 1916PublishedCited by 2 opinions

Appeal by the defendant, Edward H. Titus, from an order of the Supreme Court, made at the New York Special Term and entered in the office of the clerk of the county of New York on the 19th day of September, 1916, as resettled by an order entered in said clerk’s office on the 20th day of October, 1916, denying defendant’s motion to compel plaintiff to reply to a supplemental answer herein.

1Opinion of the Court

Smith, J.:

The plaintiff is a corporation existing under the laws of the Kingdom of Hungary. The suit is upon a promissory note for the payment of $5,000 recited to be for value received. The defendant pleads that the note was given to indemnify the plaintiff against a guaranty which the defendant gave to the Wolfram Lampen Aktien Gesellschaft for the payment of merchandise sold to Deuth & Co., evidently Hungarian merchants.

The answer alleges as a first defense that the plaintiff executed to the said Wolfram Lampen Company a guaranty substantially different from the one authorized. The second…

2Cited by2 opinions

  1. Hungarian General Creditbank v. TitusAppellate Division of the Supreme Court of the State of New York · 1918
  2. Hungarian General Credit-Bank v. TitusAppellate Division of the Supreme Court of the State of New York · 1916

Showing a preview — retrieve the full document via the Exa API.

Powered by the Exa API