Central Nat. Bank v. Seligman
New York Supreme Court
Appeal from special term, New York county. Action by Central National Bank of the City of New York, George F. Vietor, Thomas Achelis, Jr., and John Aeheiis, judgment creditors of Seligman Bros. & Co., against Sigmund J. Seligman, Philip Seligman, Abraham H. Hertz, Simon M. Herman, Isaac H. Hertz, Benjamin H. Hertz, Moses H. Moses, and Jonas Sonneborn, to set aside a general assignment, two judgments entered in favor of Hertz Bros, and Moses H. Moses, respectively, and a…
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Appeal from special term, New York county. Action by Central National Bank of the City of New York, George F. Vietor, Thomas Achelis, Jr., and John Aeheiis, judgment creditors of Seligman Bros. & Co., against Sigmund J. Seligman, Philip Seligman, Abraham H. Hertz, Simon M. Herman, Isaac H. Hertz, Benjamin H. Hertz, Moses H. Moses, and Jonas Sonneborn, to set aside a general assignment, two judgments entered in favor of Hertz Bros, and Moses H. Moses, respectively, and a transfer of account to Sonneborn, on the ground that they constituted preferences, exceeding one third of the assignor’s…
1Opinion of the CourtO’Brien, J.
Certain of the defendants, composing the firm of Seligman Bros. & Co., made a general assignment on the 2d day of July, 1888. Thereafter the plaintiffs, judgment creditors, commenced this action to set aside two judgments recovered by the defendants Hertz and Moses, respectively, and also an assignment of book accounts made to the defendant Sonneborn, upon the ground that they constitute preferences exceeding one third of the assignor’s estate, in violation of chapter 503 of the Laws of 1887. The judgment demanded is that these so-called “preferred creditors” pay over to the plaintiffs the…
2Cases cited7 opinions
- White v. CotzhausenSupreme Court of the United States · 1889
- Berger v. . VarrelmannNew York Court of Appeals · 1891
- Knower v. Central National BankNew York Court of Appeals · 1891
- First National Bank v. BardNew York Supreme Court · 1891
- First National Bank of Jersey City v. BardNew York Supreme Court · 1890
2 more not listed; retrieve them via the Exa API.
3Cited by1 opinion
- White v. BenjaminThe Superior Court of the City of New York and Buffalo · 1893