Gouert v. Mechanics & Metals National Bank
Appellate Division of the Supreme Court of the State of New York
Appeal by the defendant, The Mechanics and Metals National Bank of the City of New York, from a judgment of the Supreme Court in favor of the plaintiff, entered in the office of the clerk of the county of New York on the . 25th day of June, 1918, upon the decision of the court rendered after a trial at the New York Special Term.
1Opinion of the Court
Page, J.:
As this case is so closely connected with that of Fisher against the defendant bank, a somewhat detailed statement of facts is necessary to the proper understanding of the present case.
Prior to May 18, 1914, defendants Stoppani and Hotchkin were a firm of stockbrokers engaged in business in New York city. For several years prior to May 18, 1914, the firm of Stoppani & Hotchkin kept an account with the defendant bank, and from time to time borrowed money on collateral securities pledged by the firm with the bank. These loans were made under a collateral loan agreement, entered into…
2Cases cited4 opinions
- McNeil v. . the Tenth National BankNew York Court of Appeals · 1871
- Fisher v. Mechanics & Metals National BankNew York Supreme Court · 1915
- Gouert v. Mechanics & Metals National BankAppellate Division of the Supreme Court of the State of New York · 1917
- Gouert v. Mechanics & Metals National BankNew York Supreme Court · 1916
3Cited by1 opinion
- House v. LalorNew York Supreme Court · 1983