Legal Opinion

First National City Bank v. Valentine

New York Supreme Court

Decided November 14, 1969PublishedCited by 6 opinions

1Opinion of the CourtFrank A. Gulotta, J.

This is an action to foreclose a mortgage in the face amount of $50,000. The property was owned by Charles Valentine and Joan Valentine as tenants by the entirety.

The defenses are somewhat complicated, but to put them in the briefest terms, Joan Valentine, the wife of the principal debtor Charles Valentine, claims she signed the mortgage note and the mortgage in blank at the behest of William Grace, the branch manager of plaintiff bank, who was a close, long-time personal friend, who assured her that the instruments would be idled in for $35,000; that it was a matter of form and the mortgage…

2Cases cited4 opinions

  1. Strong v. . SheffieldNew York Court of Appeals · 1895
  2. Lehrenkrauss v. . BonnellNew York Court of Appeals · 1910
  3. Bradt v. . KrankNew York Court of Appeals · 1900
  4. Kiess v. BaldwinCourt of Appeals for the D.C. Circuit · 1934

3Cited by6 opinions

  1. Gavin v. HinrichsSupreme Court of Alabama · 1979
  2. Becker v. Elm Air Conditioning Corp.Appellate Division of the Supreme Court of the State of New York · 1988
  3. Lincoln First Bank, N.A. v. Bank of New York (In re Levine)District Court, S.D. New York · 1982
  4. Dimicelli v. MarcelletteNew York Supreme Court · 1971
  5. In Re LevineUnited States Bankruptcy Court, S.D. New York · 1982

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