Krom v. Chemical Bank New York Trust Co.

This is a motion by the defendant bank for an order and judgment dismissing the complaint upon the grounds that the complaint fails to state a cause of action.

On August 29, 1969, one Stanley Levy purchased from the defendant, Chemical Bank, three money orders in the amount of $500 each, making a total purchase of $1,500. The money orders were blank as to date, payee, and the maker’s name and *1061address. The purchaser, Levy, completed the money orders by filling in the blank portions thereof. Five days later, on September 3, 1969, Levy requested the Chemical Bank to place a stop payment on all…