Legal Opinion
Chatham Securities Corp. v. J. R. Williston & Beane
New York Supreme Court
Decided January 10, 1964PublishedCited by 2 opinions
1Opinion of the CourtJoseph A. Martinis, J.
Plaintiff, Chatham Securities Corporation (hereinafter called “Chatham”), sues J. R. Williston & Beane (hereinafter called “ Williston ”) on a check made by Williston to the order of Meadow Brook National Bank (hereinafter called “Bank”). This check was assigned to Chatham by the Bank after payment thereof was ordered stopped by Williston.
*818Williston, a stock brokerage firm, prior to the dates herein concerned, had accepted a brokerage account from Arlee Associates, Inc. (hereinafter called “Arlee”). Chatham is in the business of financing stock clearance transactions, and the Bank, pursuant to…
2Cases cited8 opinions
- Goshen National Bank v. BinghamNew York Court of Appeals · 1890
- Bank of America v. . WaydellNew York Court of Appeals · 1907
- Manufacturers' Commercial Co. v. BlitzAppellate Division of the Supreme Court of the State of New York · 1909
- Mason v. Public National Bank & Trust Co.Appellate Division of the Supreme Court of the State of New York · 1941
- Mason v. Public National Bank & Trust Co.New York Court of Appeals · 1942
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3Cited by2 opinions
- Hutzler v. Hertz Corp.New York Court of Appeals · 1976
- Central Stone Co. v. John Ruggiero, Inc.Nassau County District Court · 1966