East Side Credit Union v. Leiman
New York Supreme Court
1Per curiam
The plaintiff lent defendant Simon Leiman $1,500. Leiman’s note was joined in by defendant Harry Leiman as surety. The maker, Simon Leiman, at the time of the execution of the note was president and a director of the plaintiff. The loan was effected without calling a meeting of the credit union in accordance with section 454, subdivision 4, of the Banking Law (as amd. by Laws of 1923, chap. 701), which reads as follows: “No credit union shall: * * * Permit any director, officer or member of the credit committee or supervisory committee to borrow directly or indirectly or become surety for any…
2Cases cited6 opinions
- Pratt v. . ShortNew York Court of Appeals · 1880
- Merchants' Line v. Baltimore & Ohio RailroadNew York Court of Appeals · 1918
- United States Title Guaranty Co. v. BrownAppellate Division of the Supreme Court of the State of New York · 1915
- United States Title Guaranty Company v. . BrownNew York Court of Appeals · 1916
- Washington Life Ins. Co. v. . ClasonNew York Court of Appeals · 1900
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3Cited by5 opinions
- State v. KoonceNew Jersey Superior Court Appellate Division · 1965
- Cavalcante v. Lockheed Electronics Co.New Jersey Superior Court Appellate Division · 1964
- Parrot v. ChiselkoNew Jersey Superior Court Appellate Division · 1962
- State v. DoyleNew Jersey Superior Court Appellate Division · 1962
- Selimo v. HartshornNew Jersey Superior Court Appellate Division · 1968