Matter of International M. Co. (Broderick)
New York Court of Appeals
1Opinion of the CourtHubbs, J.
Petitioner drew a sight draft on the Liberty Baking Corporation for $1,372.50 payable to the order of The Bank of United States and forwarded it to the payee for collection. Attached to the draft was a paster which read as follows:
“To the Collecting Bank: This draft is not to be treated as a deposit. The funds obtained through its collection are to be delivered to the International Milling Company and are not to be commingled with other funds of the collecting bank.
“ INTERNATIONAL MILLING COMPANY.”
The draft was received by the payee on December 3d, 1930, and paid by the drawee on December…
2Cases cited8 opinions
- National Bank v. Insurance Co.Supreme Court of the United States · 1881
- Van Alen v. . American National BankNew York Court of Appeals · 1873
- Brown v. . SpohrNew York Court of Appeals · 1904
- Isaac v. MarcusNew York Court of Appeals · 1932
- Hecker-Jones-Jewell Milling Co. v. Cosmopolitan Trust Co.Massachusetts Supreme Judicial Court · 1922
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3Cited by25 opinions
- Matter of People (Tit. Mtge. Guar. Co.)New York Court of Appeals · 1934
- Santa Barbara v. Pasquale Avallone & Stefano Miele, Inc.New York Court of Appeals · 1936
- In Re the Liquidation of the New York AgencyNew York Court of Appeals · 1997
- In re PeopleNew York Supreme Court · 1934
- In re People of New YorkNew York Supreme Court · 1933
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