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Rives v. Zeiss-Stiftung

Appellate Division of the Supreme Court of New York, Second Department
Jun 24, 1940
259 App. Div. 1051 (N.Y. App. Div. 1940)

Opinion

June 24, 1940.


Appeals by defendant in an action on certain negotiable bonds (a) from an order denying its motion on the original papers for an order vacating a warrant of attachment, and (b) from an order denying a similar motion made on affidavits. Orders affirmed, with one allowance of twenty dollars costs and disbursements to respondent. While much of plaintiff's evidence was necessarily submitted in the form of hearsay, the sources thereof were fully and properly disclosed ( Gumbes v. Hicks, 116 App. Div. 120, 121; affd., 190 N.Y. 532; Hart v. Page Manufacturing Co., 187 App. Div. 296, 297), and the evidence negatived the idea that plaintiff must ultimately fail in the action. ( Jones v. Hygienic Soap Granulator Co., 110 App. Div. 331, 334-335; Bard-Parker Co., Inc., v. Dictograph Products Co., Inc., 258 id. 638, 640.) The affidavits and exhibits submitted by defendant on the second motion did not overcome or weaken the case set out by plaintiff. Defendant's breach of the sinking fund provision in the bonds owned by plaintiff accelerated the time for payment and entitled plaintiff to sue for the amount of the bonds at once. ( Hall v. Nassau Consumers Ice Co., 260 N.Y. 417, 419.) Lazansky, P.J., Hagarty, Johnston, Taylor and Close, JJ., concur.


Summaries of

Rives v. Zeiss-Stiftung

Appellate Division of the Supreme Court of New York, Second Department
Jun 24, 1940
259 App. Div. 1051 (N.Y. App. Div. 1940)
Case details for

Rives v. Zeiss-Stiftung

Case Details

Full title:EDNA RIVES, Respondent, v. CARL ZEISS-STIFTUNG, Also Doing Business under…

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

Date published: Jun 24, 1940

Citations

259 App. Div. 1051 (N.Y. App. Div. 1940)