Legal Opinion
Zimmermann v. Roessler & Hasslacher Chemical Co.
Appellate Division of the Supreme Court of the State of New York
Decided December 30, 1935PublishedCited by 5 opinions
1Opinion of the CourtUntermyer, J.
The action is to recover damages for the breach by the defendant of a contract entered into on March 17, 1917, whereby it bought from the plaintiffs a cable or wireless credit of 3,000,000 German marks at a rate equivalent to 18.34f cents per mark. It is undisputed that in July, 1919, when, as the plaintiffs contend, the breach occurred, the market value of the mark was 7\ cents.
The plaintiffs were citizens and residents of the United States engaged in the foreign exchange business in New York city. The *308defendant was a domestic corporation, doing business in the United States. On March 17,…
2Cases cited17 opinions
- Gravenhorst v. . ZimmermanNew York Court of Appeals · 1923
- Luckenbach S. S. Co. v. W. R. Grace & Co.Court of Appeals for the Fourth Circuit · 1920
- Woolsey v. . FunkeNew York Court of Appeals · 1890
- Tennant v. . DudleyNew York Court of Appeals · 1895
- Swinnerton v. . Columbian Insurance Co.New York Court of Appeals · 1867
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3Cited by5 opinions
- New York Central Railroad v. New York & Harlem RailroadNew York Supreme Court · 1945
- In re the Estate of St. JohnNew York Surrogate's Court · 1937
- Heissenbuttel v. Comnas, New York County Courts1958
- De Bono v. LombardiAppellate Division of the Supreme Court of the State of New York · 1950
- In re City of New YorkAppellate Division of the Supreme Court of the State of New York · 1939