Legal Opinion
Stream v. CBK Agronomics, Inc.
New York Supreme Court
Decided October 28, 1974PublishedCited by 16 opinions
1Opinion of the CourtRichard W. Wallach, J.
This case presents an appeal to equity, in order to avoid the strict rigors of the law. Such an invitation is always .attractive. But, as has oft been seen, there is little room for the Chancellor’s foot to rotate in the law of bills and notes.
Plaintiff brings this action on a promissory note in the face amount of $250,000, which provided for payment in 19 consecutive monthly installments. The note contained the following provision: “If the first eighteen scheduled payments are timely paid, or prepaid, the entire principal amount payable hereunder shall be deemed to have been paid in full.”…
2Cases cited8 opinions
- Graf v. Hope Building Corp.New York Court of Appeals · 1930
- Sokoloff v. National City BankNew York Court of Appeals · 1928
- United Securities Corporation v. FranklinDistrict of Columbia Court of Appeals · 1962
- Billingsley v. KellyCourt of Appeals of Maryland · 1971
- Sokoloff v. National City BankNew York Supreme Court · 1927
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3Cited by16 opinions
- Canal-Randolph Anaheim, Inc. v. WilkoskiCalifornia Court of Appeal · 1978
- United States v. Joseph ForcellatiCourt of Appeals for the First Circuit · 1979
- Sahadi v. Continental Illinois National BankCourt of Appeals for the Seventh Circuit · 1983
- Key International Manufacturing, Inc. v. StillmanAppellate Division of the Supreme Court of the State of New York · 1984
- Sahadi v. Continental Illinois National Bank & Trust Co.Court of Appeals for the Seventh Circuit · 1983
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