Franklin National Bank v. Clark

New York Supreme Court

Franklin National Bank v. Clark

31 Misc. 2d 185, 217 N.Y.S.2d 615, 1961 N.Y. Misc. LEXIS 2651

DecidedJune 30, 1961

StatusPublished

This text of 31 Misc. 2d 185 (Franklin National Bank v. Clark) is published on Counsel Stack Legal Research, covering New York Supreme Court primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Franklin National Bank v. Clark, 31 Misc. 2d 185, 217 N.Y.S.2d 615, 1961 N.Y. Misc. LEXIS 2651 (N.Y. Super. Ct. 1961).

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Opinion

Irving H. Satpol, J.

Motion by the Attorney-General, who appeared pursuant to section 71 of the Executive Law and as attorney for the defendant Superintendent of Banks, for an order, in discretion, 11 vacating and annulling ’ ’ the decision of this court of March 14, 1961 (26 Misc 2d 724), is denied.

The action was discontinued on stipulation, with prejudice, after decision but before judgment. The plaintiff in the action now appears specially on “ this alleged motion ” and opposes, suggesting that the court is functus officio, without further power. Cited precedents by the movant are distinguishable. Discontinuance on stipulation conditioned upon expunging the record differs from such a move as here after the record has been closed. The court cannot appreciate the presence of any logic on the sole supporting ground, viz.— that its decision may now be cited as a precedent. The court may not be affected thereby.

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Irving H. Satpol, J.

Motion by the Attorney-General, who appeared pursuant to section 71 of the Executive Law and as attorney for the defendant Superintendent of Banks, for an order, in discretion, 11 vacating and annulling ’ ’ the decision of this court of March 14, 1961 (26 Misc 2d 724), is denied.

The action was discontinued on stipulation, with prejudice, after decision but before judgment. The plaintiff in the action now appears specially on “ this alleged motion ” and opposes, suggesting that the court is functus officio, without further power. Cited precedents by the movant are distinguishable. Discontinuance on stipulation conditioned upon expunging the record differs from such a move as here after the record has been closed. The court cannot appreciate the presence of any logic on the sole supporting ground, viz.— that its decision may now be cited as a precedent. The court may not be affected thereby.

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Bluebook (online)

31 Misc. 2d 185, 217 N.Y.S.2d 615, 1961 N.Y. Misc. LEXIS 2651, Counsel Stack Legal Research, https://law.counselstack.com/opinion/franklin-national-bank-v-clark-nysupct-1961.

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