Friede v. National City Bank
New York Court of Appeals
1Opinion of the CourtO’Bbien, J.
F. Blumenthal Company of New York owed H. & J. Cahn of Petrograd a sum in excess of $83,000. The Cahns had an account with the Azoff Don Bank of Petrograd but none with defendant. The two banks were correspondents and the Azoff had a debit balance approximately of $20,000 with the National City. In November, 1917, after the Soviet revolution had been accomplished, Cahn Brothers cabled defendant to collect from Blumenthal and “ credit Azowdon Bank Petrograd our account.” On December 26 Blumenthal deposited $83,716.43 with defendant “ on instruction received from Messrs. H. & J. Cahn, Petrograd…
2Cases cited5 opinions
- Commercial Bank of Pa. v. ArmstrongSupreme Court of the United States · 1893
- Baldwin's Bank of Penn Yan v. SmithNew York Court of Appeals · 1915
- Cutler v. American Exchange National BankNew York Court of Appeals · 1889
- Jackson v. TallmadgeNew York Court of Appeals · 1927
- Whitehouse v. . Bank of CooperstownNew York Court of Appeals · 1872
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- City of Yonkers v. August Hall Enterprises, Inc.New York Supreme Court · 1969
- In re the Liquidation of the New York AgencyAppellate Division of the Supreme Court of the State of New York · 1996
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