Legal Opinion
Maurice O'Meara Co. v. National Park Bank
New York Court of Appeals
Decided January 27, 1925PublishedCited by 93 opinions
1Opinion of the CourtMcLaughlin, J.
This action was brought to recover damages alleged to have been sustained by the plaintiff’s assignor, Ronconi & Millar, by defendant’s refusal to pay three sight drafts against a confirmed irrevocable letter of credit. The letter of credit was in the following form:
“ The National Park Bank “ of New York.
“ Our Credit No. 14956 October 28, 1920.
“ Messrs. Ronconi & Millar,
“ 49 Chambers Street,
“ New York City, N. Y.:
“ Dear Sirs. — In accordance with instructions received from the Sun-Herald Corporation of this City, we open a confirmed or irrevocable credit in your favor for account of…
2Cases cited17 opinions
- Seitz v. Brewers' Refrigerating MacHine Co.Supreme Court of the United States · 1891
- General Investment Co. v. Interborough Rapid Transit Co.New York Court of Appeals · 1923
- Dustan v. . McAndrewNew York Court of Appeals · 1870
- Vanderbilt v. . SchreyerNew York Court of Appeals · 1883
- Littlejohn v. . ShawNew York Court of Appeals · 1899
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3Cited by93 opinions
- Shapiro v. Health Insurance Plan of Greater New YorkNew York Court of Appeals · 1959
- Indig v. FinkelsteinNew York Court of Appeals · 1968
- Intraworld Industries, Inc. v. Girard Trust BankSupreme Court of Pennsylvania · 1975
- O'Grady v. First Union National BankSupreme Court of North Carolina · 1978
- Sztejn v. J. Henry Schroder Banking Corp.New York Supreme Court · 1941
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