In re the Assignment for the Benefit of Creditors of Anderson's Farm Service, Inc.
New York County Courts
1Opinion of the CourtBodine, J.
On November 9, 1948, Anderson’s Farm Service, Inc., made an assignment for benefit of creditors for the purpose, among others, of authorizing the assignee “ to pay and discharge in full * * * all of the remaining debts and liabilities now due or to become due from the party of the first part (assignor) with all interest owing thereon ”.
The question at issue is the validity of a claim for unused time allocated to the assignor under a contract for broadcast advertising by Air Waves, Inc., operating station WJOC in Jamestown. The contract called for a fifteen-minute broadcast at 12:30 p.m. each…
2Cases cited13 opinions
- In Re the General Assignment of HevenorNew York Court of Appeals · 1895
- People v. . St. Nicholas BankNew York Court of Appeals · 1897
- Ware Bros. v. Cortland Cart & Carriage Co.New York Court of Appeals · 1908
- In Re the Assignment of LewisNew York Court of Appeals · 1880
- Norwich Pharmacal Co. v. BarrettAppellate Division of the Supreme Court of the State of New York · 1923
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3Cited by2 opinions
- Speciner v. Chase Manhattan Bank, N. A.New York Supreme Court · 1980
- In re Rogers Advertising, Inc.New York Supreme Court · 1978