People v. Standard Accident Insurance
Appellate Division of the Supreme Court of the State of New York
1Dissent
Valente, J. (dissenting in part).
I agree with the holding of the court that Blaine & Heyward Bar and Restaurant, Inc.— the principal on the bond—is entitled to summary judgment dismissing the complaint. But I cannot join in the anomalous conclusion that the surety on the bond may be held liable although the principal is discharged.
Clearly there was no compliance with the condition in the bond requiring that any action for the penal sum of the bond be commenced within 16 months after the expiration of the license period. The license expired February 28, 1959 and the action was commenced on…
2Cases cited3 opinions
- Claim of Cheesman v. CheesmanNew York Court of Appeals · 1923
- Clement v. SmithAppellate Division of the Supreme Court of the State of New York · 1908
- Clement v. . SmithNew York Court of Appeals · 1909