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Davidge v. Lake Placid Co.

Supreme Court, Appellate Term, First Department
Jul 12, 1934
152 Misc. 307 (N.Y. App. Term 1934)

Opinion

July 12, 1934.

Appeal from the Municipal Court of New York, Borough of Manhattan First District.

Ehrich, Royall, Wheeler Walter [ Ralph Royall of counsel], for the appellant.

Lewis Kelsey [ Arthur J. Marangelo of counsel], for the respondent.



The language in the plaintiff's bond did not "fairly place the bondholder on notice of any restriction upon defendant's obligation to pay at maturity." ( Cunningham v. Pressed Steel Car Co., 263 N.Y. 671.) In any event the restrictions contained in the trust indenture are not a bar to an action on the coupons.

Order reversed, with ten dollars costs, and motion granted.

All concur; present, CALLAHAN, FRANKENTHALER and SHIENTAG, JJ.


Summaries of

Davidge v. Lake Placid Co.

Supreme Court, Appellate Term, First Department
Jul 12, 1934
152 Misc. 307 (N.Y. App. Term 1934)
Case details for

Davidge v. Lake Placid Co.

Case Details

Full title:S. RICHARD DAVIDGE, Appellant, v. LAKE PLACID COMPANY, Respondent

Court:Supreme Court, Appellate Term, First Department

Date published: Jul 12, 1934

Citations

152 Misc. 307 (N.Y. App. Term 1934)
273 N.Y.S. 522