Legal Opinion
State Bank v. McDonnell
Appellate Division of the Supreme Court of the State of New York
Decided November 16, 1972PublishedCited by 8 opinions
1Opinion of the Court
Cross appeals from an order of Supreme Court, entered in Albany County, which denied the motion of the defendants Iannello for summary judgment and the plaintiff’s cross motion for the same relief. The Iannellos were joint owners of a farm in Smyrna, New York which they sold to defendants McDonnell for a total consideration of $300,000. The plaintiff held real property and chattel mortgages on the property executed by the Iannellos and which were assumed by McDonnells as part of the purchase price. In addition, the bank took notes of $50,000 and $15,000 from the McDonnells secured by a…
2Cases cited3 opinions
- Howe Machine Company v. . FarringtonNew York Court of Appeals · 1880
- Bostwick v. . Van VoorhisNew York Court of Appeals · 1883
- Security National Bank v. Compania Anonima De SegurosNew York Supreme Court · 1959
3Cited by8 opinions
- State of New York v. Peerless Ins. Co.New York Court of Appeals · 1986
- Marine Midland Bank v. SmithDistrict Court, S.D. New York · 1979
- Chemical Bank v. LayneDistrict Court, S.D. New York · 1976
- Manufacturers & Traders Trust Co. v. Commercial Door & Hardware, Inc.Appellate Division of the Supreme Court of the State of New York · 1976
- Mastan Company v. WeilAppellate Division of the Supreme Court of the State of New York · 1981
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