Lincoln First Bank, N. A. v. Salvaterra
Syracuse City Court
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
- Security Trust Co. v. ThomasAppellate Division of the Supreme Court of the State of New York · 1977
- Bank of Suffolk County v. KiteNew York Court of Appeals · 1980
- Barksdale v. Peoples Financial Corp. of AlpharettaDistrict Court, N.D. Georgia · 1975
- Marine Midland Bank-Central v. WatKinsNew York Supreme Court · 1977
- Conrad v. Beneficial Finance Co. of New York, Inc.Appellate Division of the Supreme Court of the State of New York · 1977
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3Cited by4 opinions
- First Bank & Trust Co. v. MitchellNew York Supreme Court · 1984
- Lincoln First Bank, N.A. v. Salvaterra, New York County Courts1981
- Northwestern National Bank v. Weaver-Maxwell, Inc.Montana Supreme Court · 1986
- Northwestern National Bank v. Weaver-Maxwell, Inc.Montana Supreme Court · 1986