Legal Opinion
Raymond Concrete Pile Co. v. Federation Bank & Trust Co.
New York Supreme Court
Decided June 10, 1940PublishedCited by 3 opinions
1Opinion of the CourtEder, J.
L. P. O’Connor, Inc., was general contractor for the foundations of the public improvement of the city of New York known as New Criminal Court and City Prison, Manhattan. It received a check for $178,088.38 from the city as a payment on account of said public improvement which it deposited with the defendant bank in the ordinary course of business. It owed the defendant $78,000 on a demand note which represented advances to the O'Connor concern — moneys borrowed from time to time. After, this check had cleared, defendant charged the $78,000 against the balance in the O’Connor account. There…
2Cases cited8 opinions
- Bonham v. Coe, KatzNew York Court of Appeals · 1937
- Clarke v. Public National Bank & Trust Co.New York Court of Appeals · 1932
- Bonham v. CoeAppellate Division of the Supreme Court of the State of New York · 1937
- Vulcan Rail & Construction Co. v. County of WestchesterAppellate Division of the Supreme Court of the State of New York · 1937
- Barclay v. Corn Exchange Bank Trust CompanyNew York Court of Appeals · 1935
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3Cited by3 opinions
- Wickes Boiler Co. v. Godfrey-Keeler Co.Court of Appeals for the Second Circuit · 1940
- Wickes Boiler Co. v. Godfrey-Keeler Co.Court of Appeals for the Second Circuit · 1941
- Raymond Concrete Pile Co. v. Federation Bank & Trust Co.Appellate Division of the Supreme Court of the State of New York · 1940