Legal Opinion

First National City Bank v. Frederics-Helton Travel Service

New York Supreme Court

Decided November 23, 1959PublishedCited by 2 opinions

1Opinion of the CourtOwen McGivern, J.

This is a motion by the plaintiff, The First National City Bank of New York, pursuant to rule 113 of the Rules of Civil Practice for summary judgment.

The plaintiff (hereinafter referred to as “ City Bank ”) has sued to recover from the defendant, Frederies-Helton Travel Service, Inc. (hereinafter referred to as “Travel Service ”) the sum of $7,560 representing the face amount of certain traveler’s checks entrusted to the defendant for sale. Upon delivery to the Travel Service’s custody, the City Bank procured from it a so-called “Trust Receipt” which contained a provision that pending due…

2Cases cited4 opinions

  1. Mellon Nat. Bank v. Citizens Bank & Trust Co. of CamdenCourt of Appeals for the Eighth Circuit · 1937
  2. Peoples Sav. Bank v. American Surety Co.District Court, W.D. Michigan · 1936
  3. Sagendorph v. First National Bank of PhilmontAppellate Division of the Supreme Court of the State of New York · 1926
  4. Rapid Safety Fire Extinguisher Co. v. Hay-Budden Manufacturing Co.New York Supreme Court · 1902

3Cited by2 opinions

  1. Lipschutz v. Gordon Jewelry CorporationDistrict Court, S.D. Texas · 1974
  2. First National City Bank v. Frederics-Helton Travel Service, Inc.New York Supreme Court · 1961

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