Legal Opinion
Metropolitan Savings & Loan Ass'n v. Hanover Insurance
Civil Court of the City of New York
Decided December 27, 1967PublishedCited by 1 opinion
1Opinion of the CourtEdward J. Greenfield, J.
In the case of Continental Cas. Co. v. Metropolitan Sav. & Loan Assn. (46 Misc 2d 456) this court held that the savings and loan association, having turned over the proceeds of an account of one of its depositor members to an execution creditor, despite prior notification (duly acknowledged) that the account had been assigned, remained liable to the assignee, and was required to pay a judgment of $6,587.75.
This ease is the sequel to that prior action. The savings and loan association, having been subjected to double liability because it had ignored a notice of assignment, now seeks to recover…
2Cases cited5 opinions
- United States v. JonesDistrict Court, W.D. Missouri · 1960
- Commonwealth v. Imperial Woolen Co.Supreme Court of Pennsylvania · 1927
- Manufacturers National Bank of Troy v. United States Fidelity & Guaranty Co.New York Court of Appeals · 1927
- New York Trust Co. v. Royal Indemnity Co.Appellate Division of the Supreme Court of the State of New York · 1931
- Continental Casualty Co. v. Metropolitan Savings & Loan Ass'nCivil Court of the City of New York · 1965
3Cited by1 opinion
- Hamiltonian Federal Savings & Loan Ass'n v. Reliance Insurance Co.Missouri Court of Appeals · 1975