Legal Opinion

Shirai v. Blum

New York Court of Appeals

Decided November 25, 1924PublishedCited by 24 opinions

1Opinion of the CourtLehman, J.

On or about October 30th, 1919, the plaintiff sent to the defendant a signed order for 100 gross tons of “ black sheets: U. S. gauge 28, 36 by 72.” The order provided: “ Shipment: Four to eight weeks. Terms: 1% Cash discount establishing Bankers irrevocable Letter of Credit. Payment: Against invoice with Railroad Bill of Lading.” The defendant did not acknowledge or formally accept the order until November 14th. On November 13th, the Bank of Taiwan, Limited, sent the defendant an irrevocable letter of credit which was numbered 357, and which authorized the defendant “ to value upon the Bank…

2Cited by24 opinions

  1. Hercules Inc. v. Dynamic Export Corp.District Court, S.D. New York · 1976
  2. BNP Paribas Mortgage Corp. v. Bank of America, N.A.District Court, S.D. New York · 2013
  3. International Fidelity Insurance v. County of RocklandDistrict Court, S.D. New York · 2000
  4. D.C. Films, Inc. v. Best Film & Video Corp. (In Re Best Film & Video Corp.)United States Bankruptcy Court, E.D. New York · 1985
  5. Campbell v. StateAppellate Division of the Supreme Court of the State of New York · 1934

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