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DeCarlo v. HSBC Bank USA

Appellate Division of the Supreme Court of New York, First Department
Dec 7, 2010
79 A.D.3d 465 (N.Y. App. Div. 2010)

Opinion

No. 3802.

December 7, 2010.

Order, Supreme Court, New York County (Milton A. Tingling, J.), entered February 19, 2009, which, after a nonjury trial, dismissed the complaint, unanimously affirmed, without costs.

Philip De Carlo, appellant pro se.

Phillips Lytle LLP, New York (Tamara A. Daniels of counsel), for respondent.

Before: Mazzarelli, J.P., Acosta, Richter, Abdus-Salaam and Román, JJ.


The court properly found that plaintiff failed to prove entitlement to payment on a bond that he found in 2004 among the possessions of his deceased sister, which bond had become payable in 1984. In light of defendant's proof that the bond in question was one of nine that had been reported stolen in 1985, plaintiff could make a claim thereto only if he could demonstrate that he had purchased the bond for value ( see Hartford Ace. Indem. Co. v Walston Co., 21 NY2d 219, 222; Goldstein v Engel, 240 AD2d 280, 281), and plaintiff acknowledged that he could not make such a demonstration on either his own or his sister's behalf.

We have considered plaintiff's remaining contentions and find them unavailing.


Summaries of

DeCarlo v. HSBC Bank USA

Appellate Division of the Supreme Court of New York, First Department
Dec 7, 2010
79 A.D.3d 465 (N.Y. App. Div. 2010)
Case details for

DeCarlo v. HSBC Bank USA

Case Details

Full title:PHILIP DECARLO, Appellant, v. HSBC BANK USA, Respondent. (And a…

Court:Appellate Division of the Supreme Court of New York, First Department

Date published: Dec 7, 2010

Citations

79 A.D.3d 465 (N.Y. App. Div. 2010)
2010 N.Y. Slip Op. 8997
911 N.Y.S.2d 622