Legal Opinion

East Side Credit Union v. Leiman

New York Supreme Court

Decided April 13, 1927PublishedCited by 5 opinions

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

  1. Pratt v. . ShortNew York Court of Appeals · 1880
  2. Merchants' Line v. Baltimore & Ohio RailroadNew York Court of Appeals · 1918
  3. United States Title Guaranty Co. v. BrownAppellate Division of the Supreme Court of the State of New York · 1915
  4. United States Title Guaranty Company v. . BrownNew York Court of Appeals · 1916
  5. Washington Life Ins. Co. v. . ClasonNew York Court of Appeals · 1900

1 more not listed; retrieve them via the Exa API.

3Cited by5 opinions

  1. State v. KoonceNew Jersey Superior Court Appellate Division · 1965
  2. Cavalcante v. Lockheed Electronics Co.New Jersey Superior Court Appellate Division · 1964
  3. Parrot v. ChiselkoNew Jersey Superior Court Appellate Division · 1962
  4. State v. DoyleNew Jersey Superior Court Appellate Division · 1962
  5. Selimo v. HartshornNew Jersey Superior Court Appellate Division · 1968

Showing a preview — retrieve the full document via the Exa API.

Powered by the Exa API