Legal Opinion

Lincoln First Bank, N. A. v. Salvaterra

Syracuse City Court

Decided August 1, 1980PublishedCited by 4 opinions

1Opinion of the Court

OPINION OF THE COURT

Joseph F. Falco, J.

On December 29, 1978, Eugene Salvaterra purchased a used vehicle from Koerner Ford for the price of $3,986.82. Mr. Salvaterra financed this purchase by entering into a retail installment contract with Koerner Ford, who subsequently assigned the contract to Lincoln First Bank. This obligation, in the amount of $5,357.49 (including insurance and other charges), was “cosigned” by Diane M. Carney. On July 2, 1979, the vehicle was repossessed and offered for sale at a public auction. At the auction, Lincoln First Bank “bid the vehicle in”, later resold it for…

2Cases cited7 opinions

  1. Security Trust Co. v. ThomasAppellate Division of the Supreme Court of the State of New York · 1977
  2. Bank of Suffolk County v. KiteNew York Court of Appeals · 1980
  3. Barksdale v. Peoples Financial Corp. of AlpharettaDistrict Court, N.D. Georgia · 1975
  4. Marine Midland Bank-Central v. WatKinsNew York Supreme Court · 1977
  5. Conrad v. Beneficial Finance Co. of New York, Inc.Appellate Division of the Supreme Court of the State of New York · 1977

2 more not listed; retrieve them via the Exa API.

3Cited by4 opinions

  1. First Bank & Trust Co. v. MitchellNew York Supreme Court · 1984
  2. Lincoln First Bank, N.A. v. Salvaterra, New York County Courts1981
  3. Northwestern National Bank v. Weaver-Maxwell, Inc.Montana Supreme Court · 1986
  4. Northwestern National Bank v. Weaver-Maxwell, Inc.Montana Supreme Court · 1986

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