Bracken v. Atlantic Trust Co.
New York Supreme Court
Motion by Atlantic Trust Co., one of the defendants, to set -aside verdict in favor of plaintiff for $151,142.82,-and for a new trial, on alleged errors of law.
1Opinion of the CourtMcAdam, J.
Plaintiff sued to recover $180,000 damages . ■ claimed to have been sustained by him and his assignors, holders of 102. bonds of the Julien Electric Traction Company, by reason of the wrongful refusal of the defendant Atlantic-Trust Company to deliver up 30,000 shares of stock of the Consolidated Electric Storage Company, deposited with it as security for the fulfillment of a guarantee of payment of said bonds, under the following circumstances: In April, 1892, a corporation known as the United Electric Traction Company, by an instrument in writing, guaranteed to the Mercantile Trust Company,…
2Cases cited7 opinions
- Bates v. ClarkSupreme Court of the United States · 1877
- Bennett v. Lockwood & CarterNew York Supreme Court · 1838
- Brewster v. . SillimanNew York Court of Appeals · 1868
- Commerce Exchange National Bank of Chicago v. BlyeNew York Court of Appeals · 1890
- McDonald v. NorthNew York Supreme Court · 1867
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