Legal Opinion
Leasco Computer, Inc. v. Sheridan Industries, Inc.
Civil Court of the City of New York
Decided April 28, 1975PublishedCited by 16 opinions
1Opinion of the CourtLouis Okin, J.
Under a written agreement dated November 16, 1971, plaintiff leased a Friden computer to defendant for a term of 60 months at $146.40 per month; the total amount payable under this lease agreement was $8,784.
Defendant paid the monthly installments until May, 1974, when it defaulted. As permitted by the agreement, plaintiff declared the balance of the unpaid rental of $4,099.20 due and payable.
Defendant voluntarily surrendered possession of the machine after this action was commenced. Plaintiff received $425 for the machine when it was sold.
The agreement provides that this amount, received on…
2Cases cited10 opinions
- Universal C. I. T. Credit Co. v. RoneSupreme Court of Arkansas · 1970
- Weaver v. O'Meara Motor CompanyAlaska Supreme Court · 1969
- Leasco Data Processing Equipment Corp. v. Atlas Shirt Co.Civil Court of the City of New York · 1971
- Capitol District L. A. W. Corp. v. BlakeAlbany City Court · 1930
- Mott v. MoldenhauerAppellate Division of the Supreme Court of the State of New York · 1941
5 more not listed; retrieve them via the Exa API.
3Cited by16 opinions
- United States v. Duane G. Willis and Mary J. WillisCourt of Appeals for the Sixth Circuit · 1979
- Hall v. Owen County State BankIndiana Court of Appeals · 1977
- Wilmington Trust Co. v. ConnerSupreme Court of Delaware · 1980
- MacK Financial Corp. v. ScottIdaho Supreme Court · 1980
- Randolph v. Franklin Inv. Co., Inc.District of Columbia Court of Appeals · 1979
11 more not listed; retrieve them via the Exa API.