Legal Opinion
In Re Comet Textile Co.
District Court, S.D. New York
Decided August 4, 1936PublishedCited by 9 opinions
1Opinion of the Court
PATTERSON, District Judge.
The question is the validity of a lien claimed under the New York Factors Act (New York Personal Property Law [Con-sol.Laws, c. 41] § 45). The gist of that act is that, where so provided by written agreement, factors, consignees, commission merchants, and pledgees shall have a continuing lien for their loans or advances on all goods consigned to or pledged with them, whether in their possession or not, and on accounts receivable or proceeds o’f sale of such goods, provided a sign with the name of the lienor and a designation as lienor, factor, or consignee be placed…
2Cases cited1 opinion
- Irving Trust Co. v. Commercial Factors CorporationCourt of Appeals for the Second Circuit · 1934
3Cited by9 opinions
- In Re Tele-Tone Radio Corp., Etc.District Court, D. New Jersey · 1955
- In the Matter of Samuel Freeman, Individually and Trading as Pedi-Tred Shoes, Bankrupt, International Shoe CompanyCourt of Appeals for the Third Circuit · 1961
- Colbath v. Mechanicks National BankSupreme Court of New Hampshire · 1950
- In Re Cut Rate Furniture Co.District Court, N.D. New York · 1958
- Matter of Comet Textile Co.Court of Appeals for the Second Circuit · 1937
4 more not listed; retrieve them via the Exa API.