Legal Opinion
City National Bank in Miami v. Lake Construction Co.
Appellate Division of the Supreme Court of the State of New York
Decided November 1, 1929PublishedCited by 5 opinions
1Opinion of the CourtMartin, J.
This action involves the liability of the defendant John W. Lake as an indorser on a promissory note. The note was made in the State of Florida, bears interest at the rate of eight per cent and provides in case of default that the maker will pay the cost of all collection including attorney’s fees.
The defense which the plaintiff sought to strike out is in substance that the plaintiff is a foreign corporation not licensed to do business in the State of New York; that the contract or instrument sued upon is one that a New York corporation is forbidden by the laws of the State of New York to…
2Cases cited4 opinions
- Salvin v. . Myles Realty Co.New York Court of Appeals · 1919
- Wayne County Savings Bank v. . LowNew York Court of Appeals · 1880
- Staples v. . NottNew York Court of Appeals · 1891
- Moers v. American Exchange National BankAppellate Division of the Supreme Court of the State of New York · 1924
3Cited by5 opinions
- North American Bank, Ltd. v. Schulman, New York County Courts1984
- Davis v. CollinsCity of New York Municipal Court · 1930
- People v. ValcarcelNew York Court of General Session of the Peace · 1958
- Crisafulli v. ChildsNew York Supreme Court · 1968
- Durst v. AbrashAppellate Division of the Supreme Court of the State of New York · 1964