Olcott v. Kohlsaat
New York Supreme Court
Appeal from special term, New York county. Action by Frederic P. Olcott against John W. Kohlsaat, Sarah J. Kohlsaat, his wife, and the mayor, aldermen, and commonalty of the city of New York. Judgment was entered dismissing complaint on the merits, as against defendants Sarah J. Kohlsaat and the mayor, aldermen, and commonalty of the city of New York. Plaintiff appeals.
1Opinion of the CourtDaniels, J.
The plaintiff, as receiver of the Wall Street Bank, brought this action to foreclose a lien alleged to have been acquired by the bank upon a bond of $4,000, issued by the county of Hew York. This bond was pledged to the bank, by the defendant John W. Kohlsaat, for a loan of $4,000 made to him by the bank; and it was proceeded against as security for this loan. Judgment was asked barring and foreclosing the right of this defendant, and that of his wife, in the bond, and for a transfer of it upon the books of the comptroller of the city, and that the bond should be sold, and the proceeds…
2Cases cited1 opinion
- Whitehead v. . SmithNew York Court of Appeals · 1880
3Cited by1 opinion
- Hay v. MullerNew York Court of Common Pleas · 1894