Legal Opinion
K. & K. Silk Trimming Co. v. Garfield National Bank
Appellate Terms of the Supreme Court of New York
Decided April 12, 1923PublishedCited by 2 opinions
1Opinion of the CourtChurchill, J.
On September 10, 1924, the plaintiff corporation, by its then president and secretary, made its promissory note to the order of Monarch Textile Mills, payable on December 20, 1924, at the defendant bank, where plaintiff had an account. At that time the president, Kramer, Was authorized to sign notes and checks on behalf of the corporation and a copy of the resolution conferring such authority had been filed with the bank. On October 7, 1924, the then stockholders sold their interest in the corporation to Joseph Gold and David Gold. The former was then elected secretary and treasurer and a…
2Cases cited5 opinions
- Pittsburgh-Westmoreland Coal Co. v. . KerrNew York Court of Appeals · 1917
- American Defense Society, Inc. v. Sherman National BankNew York Court of Appeals · 1919
- Burr v. SmithNew York Supreme Court · 1855
- Egerton v. Fulton National BankThe Superior Court of New York City · 1872
- Maresco v. Mechanics & Metals National BankNew York Supreme Court · 1924
3Cited by2 opinions
- United States v. National City Bank of New YorkDistrict Court, S.D. New York · 1950
- Dousmanis v. Colonial BankAppellate Terms of the Supreme Court of New York · 1929