Legal Opinion

Manufacturers Trust Co. v. State

New York Court of Claims

Decided January 19, 1955No. Claim No. 32584PublishedCited by 1 opinion

1Opinion of the CourtSvlvesteb, J.

This controversy is submitted upon an agreed statement of facts. It appears that a corporation, known as 2131 Eighth Avenue, Inc. (referred to as “ Eighth Avenue ”), applied to the claimant on January 23, 1953, for an advance of money to finance a license to sell liquor which it sought to obtain from the State Liquor Authority. On January 28, 1953, claimant agreed to make the advance in return for “ Eighth Avenue’s ” promissory note secured by an assignment by the terms of which “ Eighth Avenue ” assigned to claimant its right to receive back any moneys due it from the State in the event that…

2Cases cited7 opinions

  1. Schmidt v. Merchants Despatch Transportation Co.New York Court of Appeals · 1936
  2. Buckles v. . State of New YorkNew York Court of Appeals · 1917
  3. Edlux Construction Corp. v. StateAppellate Division of the Supreme Court of the State of New York · 1937
  4. Edlux Construction Corporation v. StateNew York Court of Appeals · 1938
  5. Guild v. HopkinsNew York Court of Appeals · 1947

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3Cited by1 opinion

  1. Flushing National Bank v. StateNew York Court of Claims · 1992

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