In re Merkel, Inc. Monarch Marking System Co.
New York Supreme Court
1Opinion of the CourtNicholas M. Pette, J.
Monarch Marking System Company (hereinafter.- Monarch), as alleged owner, applies for an order directing the assignee to turn over and deliver to it all the machinery specified in the moving affidavit herein.
*754It appears that by an agreement dated November 29, 1961, Monarch leased to Merkel, Inc., five items of machinery at semiannual rentals of $912 with a specified purchase option at the end of five years for the additional sum of $800. Arithmetic computation discloses that the gross rental for the five-year period is $9,120, so that the purchase option price of $800 represents somewhat less…
2Cases cited14 opinions
- Burroughs Adding MacH. Co. v. BogdonCourt of Appeals for the Eighth Circuit · 1925
- Central Union Gas Co. v. . BrowningNew York Court of Appeals · 1913
- Matter of N.Y. World-Telegram Corp. v. McGoldrickNew York Court of Appeals · 1948
- Gardner v. Town of CameronAppellate Division of the Supreme Court of the State of New York · 1913
- In Re Crown Cartridge Corp.District Court, S.D. New York · 1962
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3Cited by4 opinions
- National Equipment Rental, Ltd. v. Priority Electronics Corp.District Court, E.D. New York · 1977
- In re Merkel, Inc.New York Supreme Court · 1965
- North American Rental v. First Southern Leasing, Ltd. (In Re North American Rental)United States Bankruptcy Court, D. New Hampshire · 1985
- In re Merkel, Inc.Appellate Division of the Supreme Court of the State of New York · 1966