Manufacturers Trust Co. v. State
New York Court of Claims
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
- Schmidt v. Merchants Despatch Transportation Co.New York Court of Appeals · 1936
- Buckles v. . State of New YorkNew York Court of Appeals · 1917
- Edlux Construction Corp. v. StateAppellate Division of the Supreme Court of the State of New York · 1937
- Edlux Construction Corporation v. StateNew York Court of Appeals · 1938
- Guild v. HopkinsNew York Court of Appeals · 1947
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3Cited by1 opinion
- Flushing National Bank v. StateNew York Court of Claims · 1992