Taussig v. Carnegie Trust Co.
Appellate Division of the Supreme Court of the State of New York
Appeal by the plaintiff, Edward D. Taussig, from a judgment of the Supreme Court in favor of the defendants, entered in the office of the clerk of the county of New York, on the 22d day of May, 1912, upon the decision of the court, rendered after a trial at the New York Special Term, dismissing the complaint on the merits.
1Opinion of the Court
McLaughlin, J.:
Action to obtain a preference over general creditors of the Carnegie Trust Company. The facts upon which a preference is claimed are not in dispute. The plaintiff, at the times hereinafter mentioned, was a retired rear admiral of the United States navy and as such receiving from the United States government a salary of $499.80 per month. During such time the . Carnegie Trust Company was a domestic banking corporation, and as a part -of its business issued letters of ' credit addressed to its foreign correspondents. In December, 1909, the plaintiff had an account with the trust…
2Cases cited3 opinions
- Crawford v. . West Side BankNew York Court of Appeals · 1885
- People v. St. Nicholas BankNew York Supreme Court · 1894
- Kuehne v. Union Trust Co.Michigan Supreme Court · 1903
3Cited by4 opinions
- Greenough v. MunroeDistrict Court, S.D. New York · 1931
- Lafolla v. M. Berardini State BankAppellate Division of the Supreme Court of the State of New York · 1934
- In re GlicksbergAppellate Division of the Supreme Court of the State of New York · 1932
- Taussig v. Carnegie Trust Co.Appellate Division of the Supreme Court of the State of New York · 1913