Summary
In Williams v. United States Trust Co., 133 N.Y. 660, 31 N.E. 29, the contract of pledge contained a clause providing for a payment on account, or the deposit of additional approved security, in the event of the depreciation in the market value of the securities pledged.
Summary of this case from Dunbar v. Commercial Electrical Supply Co.Opinion
Argued April 29, 1892
Decided May 24, 1892
John R. Dos Passos for appellant.
Joseph H. Choate and Edward W. Sheldon for respondent.
EARL, Ch. J. reads for affirmance.
All concur.
Judgment affirmed.