Legal Opinion

Friede v. National City Bank

New York Court of Appeals

Decided February 13, 1929PublishedCited by 7 opinions

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

  1. Commercial Bank of Pa. v. ArmstrongSupreme Court of the United States · 1893
  2. Baldwin's Bank of Penn Yan v. SmithNew York Court of Appeals · 1915
  3. Cutler v. American Exchange National BankNew York Court of Appeals · 1889
  4. Jackson v. TallmadgeNew York Court of Appeals · 1927
  5. Whitehouse v. . Bank of CooperstownNew York Court of Appeals · 1872

3Cited by7 opinions

  1. Moscow Fire Insurance Co. of Moscow v. Heckscher & GottliebAppellate Division of the Supreme Court of the State of New York · 1940
  2. In Re the Liquidation of the New York AgencyNew York Court of Appeals · 1997
  3. Estate of Rasmussen v. A.C.T. Environmental Services, Inc.Appellate Division of the Supreme Court of the State of New York · 2002
  4. City of Yonkers v. August Hall Enterprises, Inc.New York Supreme Court · 1969
  5. 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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