Richard v. American Union Bank

The complaint alleges as a first cause of action that at the city of New York on November 14, 1919, plaintiffs and the Nemeth State Bank, whose obligations defendant later assumed and undertook to pay, entered into agreements whereby the Nemeth State Bank, in consideration of the sum of $72,500 then paid to it by the plaintiffs, sold to the plaintiffs 2,000,000 lei, being the currency of the country of Roumania, to be transferred by cable to the bank of Marmoresch, Blank & Co. at Bucharest, Roumania, for the account of the plaintiffs. That the said Nemeth State Bank wholly failed and…