Legal Opinion

State Bank v. Central Mercantile Bank

New York Court of Appeals

Decided July 19, 1928PublishedCited by 24 opinions

1Opinion of the CourtPound, J.

The action is brought to recover on two certificates of deposit, one for $25,000 and one for $50,000. Both certificates are in the same form. The one for $25,000 reads as follows:

“ Certificate of Deposit
“ Not subject to check.
“ The Central Mercantile Bank of New York
“ No. 201 New York, March 5th, 1926.
“ Charles W. Owen has deposited in this Bank Twenty-five Thousand and 00 /100 Dollars payable only to himself four months after date on return of this Certificate properly endorsed with interest at the rate of 3% per annum if allowed to remain four months.
“ No interest after 12 months.
“ $25,000…

2Cases cited20 opinions

  1. Devlin v. Mayor of New YorkNew York Court of Appeals · 1875
  2. Zabriskie v. . SmithNew York Court of Appeals · 1855
  3. Knox v. Eden Musee Americain Co.New York Court of Appeals · 1896
  4. Rosenthal Paper Co. v. National Folding Box & Paper Co.New York Court of Appeals · 1919
  5. Seibert v. . DunnNew York Court of Appeals · 1915

15 more not listed; retrieve them via the Exa API.

3Cited by24 opinions

  1. Allhusen v. Caristo Construction Corp.New York Court of Appeals · 1952
  2. Cochran v. TaylorNew York Court of Appeals · 1937
  3. Sullivan v. International Fidelity InsuranceAppellate Division of the Supreme Court of the State of New York · 1983
  4. Detroit Greyhound Employees Federal Credit Union v. Aetna Life InsuranceMichigan Supreme Court · 1969
  5. Bonhiver v. State Bank of ClearingAppellate Court of Illinois · 1975

19 more not listed; retrieve them via the Exa API.

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