Legal Opinion

City of Ironwood v. Wickes

Appellate Division of the Supreme Court of the State of New York

Decided April 15, 1904PublishedCited by 3 opinions

Appeal by the defendant, Thomas P. Wickes, as receiver of the late firm of Coffin & Stanton, from a judgment of the Supreme Court in favor of the plaintiff, ’entered in the office of the clerk of the county of New York on the 27th day of July, 1903, upon the report of a referee dismissing the counterclaim of the defendant receiver.

1Opinion of the Court

McLaughlin, J.:

This appeal is from a judgment dismissing a counterclaim after trial before a referee. There is no dispute as to the facts, which, so far as material, are substantially as follows: In October, 1893, the firm of Coffin & Stanton, brokers, doing business in the city of New York, purchased for $145,275 from the city of Ironwood, a municipal corporation organized under the laws of the State of Michigan, its bonds of the par value of $150,000. Twenty-five thousand dollars of the purchase price was paid to the city at the time the bonds were delivered, and the balance agreed to be…

2Cases cited2 opinions

  1. Gould v. Cayuga County National BankNew York Court of Appeals · 1885
  2. Nelson v. HatchAppellate Division of the Supreme Court of the State of New York · 1900

3Cited by3 opinions

  1. Pelaggi Co. v. Orient Ins. Co.Supreme Court of Vermont · 1930
  2. Mincho v. Bankers' Life InsuranceAppellate Division of the Supreme Court of the State of New York · 1908
  3. Grigsby v. HubbardAppellate Division of the Supreme Court of the State of New York · 1926

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