Legal Opinion

Van Schaick v. Manhattan Savings Institution

New York Court of Appeals

Decided December 31, 1936PublishedCited by 1 opinion

1Opinion of the CourtLehman, J.

The defendant bank purchased from Lawyers Mortgage Company, a corporation organized under the Insurance Law (Cons. Laws, ch. 28), two guaranteed mortgages aggregating about $177,000. The purchase was made by the defendant through a broker. The broker, to induce the purchase, told the president of the defendant bank that he believed that, if the defendant bank would agree to purchase the mortgages, he could arrange to sell for the bank a piece of real property which the bank had purchased upon a foreclosure sale. In" accordance with an agreement arrived at after negotiations through the…

2Cases cited7 opinions

  1. Gardner v. . People of the State of N.Y.New York Court of Appeals · 1875
  2. Porter v. . Williams and ClarkNew York Court of Appeals · 1853
  3. Duval v. . WellmanNew York Court of Appeals · 1891
  4. Mutual Life Ins. Co. v. . StephensNew York Court of Appeals · 1915
  5. Pittsburg Carbon Co. v. McMillinNew York Court of Appeals · 1890

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3Cited by1 opinion

  1. Van Schaick v. CarrNew York Supreme Court · 1938

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