Legal Opinion
Wolf v. Title Guarantee & Trust Co.
Appellate Division of the Supreme Court of the State of New York
Decided June 11, 1937PublishedCited by 3 opinions
1Opinion of the CourtUntermyer, J.
On December 9, 1930, plaintiff’s assignor, Center Villa, Inc. (to whom we shall refer as plaintiff), sold to the defendant bonds and mortgages, in consideration of which the defendant delivered its cashier’s check for $26,550.20. In the afternoon of December tenth the plaintiff deposited the check in its account in the Bank of United States. At one-thirty a. m. of December eleventh the Superintendent of Banks took possession of the Bank of United States under section 57 of the Banking Law, and accordingly the bank did not open for business on that day or thereafter. At about nine-thirty…
2Cases cited9 opinions
- Jones v. . MorganNew York Court of Appeals · 1882
- Carson v. Federal Reserve BankNew York Court of Appeals · 1930
- Carnegie Trust Co. v. First National BankNew York Court of Appeals · 1915
- Bath National Bank v. Ely N. Sonnenstrahl, Inc.New York Court of Appeals · 1928
- Salem Elevator Works, Inc. v. Commissioner of BanksMassachusetts Supreme Judicial Court · 1925
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3Cited by3 opinions
- First National Bank v. MarguliesAppellate Terms of the Supreme Court of New York · 1962
- Friedman v. Irving Trust Co.City of New York Municipal Court · 1937
- New Covenant Community Church v. Federal National Bank & Trust Co. of ShawneeCourt of Civil Appeals of Oklahoma · 1987