Levy v. Arons
New York Supreme Court
Appeal by the plaintiffs from a judgment of the Municipal Court of the city of New York, borough of Manhattan, fifth district, rendered in favor of the defendant.
1Opinion of the CourtLehman, J.
The plaintiffs sued upon a note made by the defendant. The plaintiffs claim that they are holders for value of the note by assignment from the original payee. The defendant, on the other hand, denies that the plaintiffs are holders for value, and claims that the original payee fraudulently altered the note by inserting the words “with interest” after execution. It is not disputed that the payee did insert these words after execution. If he inserted these words with fraudulent intent, it was a material alteration which vitiates the note (Columbia Distilling Co. v. Rech, 151 App. Div. 128;…
2Cases cited3 opinions
- Booth v. . PowersNew York Court of Appeals · 1874
- McGrath v. . ClarkNew York Court of Appeals · 1874
- Columbia Distilling Co. v. RechAppellate Division of the Supreme Court of the State of New York · 1912
3Cited by2 opinions
- In Re the Accounting of SnyderNew York Court of Appeals · 1946
- Burns v. CrowleyAppellate Division of the Supreme Court of the State of New York · 1932