Policy Funding Corp. v. Kings County Lafayette Trust Co.
Appellate Division of the Supreme Court of the State of New York
1Opinion of the Court
In an action by the drawer of certain checks to recover moneys allegedly wrongfully paid by defendant drawee-bank on allegedly forged indorsements, defendant appeals from an order of the Supreme Court, Kings County, dated December 8, 1971, which denied its motion for summary judgment. Order reversed, on the law, with $10 costs and disbursements, and motion granted. Plaintiff is in the business of financing insurance premiums. It receives from an insurance broker or agent the down payment, made by each assured who obtains such financing from plaintiff, on the assured’s policy, as well as his…
2Cases cited5 opinions
- Sage v. BurtonNew York Supreme Court · 1895
- Burstein v. SullivanAppellate Division of the Supreme Court of the State of New York · 1909
- Morrison v. ChapmanAppellate Division of the Supreme Court of the State of New York · 1913
- Globe & Rutgers Fire Insurance v. Robbins & Myers Co.Appellate Division of the Supreme Court of the State of New York · 1905
- Globe & Rutgers Fire Insurance v. Robbins & Myers Co.Appellate Terms of the Supreme Court of New York · 1904
3Cited by4 opinions
- Esquire Capital Corp. v. Motortech, Inc.Appellate Division of the Supreme Court of the State of New York · 2000
- Seaboard Surety Co. v. Chase Manhattan Bank, N.A.Appellate Division of the Supreme Court of the State of New York · 1991
- Seaboard Surety Co. v. Chase Manhattan Bank, N.A.Appellate Division of the Supreme Court of the State of New York · 1991
- Tonelli v. Chase Manhattan BankNew York Court of Appeals · 1977