Legal Opinion

Miller v. Discount Factors, Inc.

Appellate Division of the Supreme Court of the State of New York

Decided May 10, 1955PublishedCited by 2 opinions

1Opinion of the CourtCallahan, J.

On or about February 2, 1953, Philip Freeman Co., Inc., a domestic corporation engaged in business as a jobber of plumbing supplies, desired to borrow $30,000. It consulted a note broker who suggested that it draw a series of notes to the order of Walter Freeman, the corporation’s president, who was to indorse the same. The broker consulted various moneylenders, including Discount Factors, Inc. Although Philip Freeman Co. already owed Discount $20,000, the latter agreed to lend $15,000 more on five notes of $3,000 each to be indorsed by Isidore Miller, Walter Freeman’s brother-in-law.…

2Cases cited6 opinions

  1. Meserole Securities Co. v. CosmanNew York Court of Appeals · 1930
  2. Williams-Dexter Co. v. Dowland Realty Corp.New York Court of Appeals · 1932
  3. People v. BrewsterNew York Supreme Court · 1830
  4. Miller v. Kings Mercantile Co.Appellate Division of the Supreme Court of the State of New York · 1954
  5. Siebros Finance Corp. v. 190 West Fourth Street Realty Corp.Appellate Division of the Supreme Court of the State of New York · 1930

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3Cited by2 opinions

  1. Miller v. Discount Factors, Inc.New York Court of Appeals · 1956
  2. Miller v. Discount Factors, Inc.Appellate Division of the Supreme Court of the State of New York · 1955

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