Davidge v. Lake Placid Co.
This text of 152 Misc. 307 (Davidge v. Lake Placid Co.) is published on Counsel Stack Legal Research, covering Appellate Terms of the Supreme Court of New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Opinion
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.
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Cite This Page — Counsel Stack
152 Misc. 307, 273 N.Y.S. 522, 1934 N.Y. Misc. LEXIS 1502, Counsel Stack Legal Research, https://law.counselstack.com/opinion/davidge-v-lake-placid-co-nyappterm-1934.