Franklin National Bank v. Rayno Distributors, Inc.
This text of 43 Misc. 2d 651 (Franklin National Bank v. Rayno Distributors, Inc.) 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.
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Defendant is liable to plaintiff for the damages sustained by reason of its failure to comply with the garnishee execution served upon it. The prior levy in favor of the (defendant on the earnings of the same judgment debtor was terminated by the Sheriff’s return. Defendant’s conduct was tantamount to a de facto withdrawal of the levy and a surrender ■and abandonment of any and all rights thereunder (see Marks v. Elwood, 107 N. Y. S. 2d 628).
The order should be reversed, with $10 costs to plaintiff, and motion for summary judgment granted to plaintiff, as prayed for in the complaint.
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Cite This Page — Counsel Stack
43 Misc. 2d 651, 252 N.Y.S.2d 123, 1964 N.Y. Misc. LEXIS 1697, Counsel Stack Legal Research, https://law.counselstack.com/opinion/franklin-national-bank-v-rayno-distributors-inc-nyappterm-1964.