Corn Exchange Bank v. American Dock & Trust Co.
New York Supreme Court
Appeal from circuit court, Hew York county. Action by the Corn Exchange Bank of City of Hew York against the American Dock & Trust Company on certain papers purporting to be warehouse receipts issued by defendant. From a judgment entered on a verdict in favor of plaintiff, and from an order denying a motion for a new trial made on the minutes, defendant appeals.
1Opinion of the CourtParker, J.
On the 9th day of February, 3891, Medad W. Stone, the president of the American Dock & Trust Company, made his certain note to the Corn Exchange Bank for the sum of $5,000, and deposited with said bank, as security for the money advanced him on such note, two papers, purporting to be warehouse receipts issued by the defendant in this action. One of such receipts was dated December 22,1890, and was in these words:
M. W. Stone, Prest A. J. Pouch, Vice Prest.
P. H. Pouch, Treas. A. 0. Hascy, Secy.
American Dock & Trust Company.
Number of Certificate Office, Cotton Exchange,
24,82. Rooms 50 & 51,
New…
2Cases cited2 opinions
- Hanover National Bank v. American Dock & Trust Co.New York Supreme Court · 1894
- Bank of New York v. American Dock & Trust Co.New York Supreme Court · 1893