Legal Opinion

Poughkeepsie Savings Bank v. R & G Sloane Manufacturing Co.

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

Decided December 31, 1981PublishedCited by 21 opinions

1Opinion of the Court

*213OPINION OF THE COURT

2Per curiam

On February 6, 1973, Gus Gekakis, Inc., as landlord, entered into a 10-year lease with respondent R & G Sloane Manufacturing Company, Inc., as tenant. On or about March 7, 1973, the landlord caused a bond and mortgage on the property to be executed and delivered to plaintiff-appellant, Poughkeepsie Savings Bank.

Approximately one year later, the landlord executed and delivered to the bank an “assignment of rents” agreement. The tenant continued to pay the rent directly to the landlord for a period of six months. In a letter dated September 12, 1975, the bank notified the…

3Cases cited27 opinions

  1. Israel v. Wood Dolson Co.New York Court of Appeals · 1956
  2. Hornstein v. PodwitzNew York Court of Appeals · 1930
  3. Rothschild v. . Title Guarantee Trust Co.New York Court of Appeals · 1912
  4. Lamb v. S. Cheney & SonNew York Court of Appeals · 1920
  5. Sullivan v. . RossonNew York Court of Appeals · 1918

22 more not listed; retrieve them via the Exa API.

4Cited by21 opinions

  1. Wanamaker v. Columbian Rope Co.District Court, N.D. New York · 1990
  2. Tri City Roofers, Inc. v. Northeastern Industrial ParkNew York Court of Appeals · 1984
  3. Suderov v. OgleAppellate Terms of the Supreme Court of New York · 1991
  4. United States v. 175 Inwood Associates LLP.District Court, E.D. New York · 2004
  5. ACI Worldwide Corporation v. Churchill Lane Associates, LLCCourt of Appeals for the Eighth Circuit · 2017

16 more not listed; retrieve them via the Exa API.

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