In re Lewis

252 A.D. 281, 299 N.Y.S. 168, 1937 N.Y. App. Div. LEXIS 5635

Opinion

Per Curiam.

The respondents, knowing that certain bonds had been stolen, acted as intermediaries in a sale thereof to the Fidelity and Deposit Company of Maryland, which had insured the owner and paid the loss. They devised a plan whereby the bonds were delivered in installments upon payment of an agreed price, receiving in exchange for bonds having a market value of approximately $110,000 the sum of $42,000. Of this amount the respondents concededly divided between themselves at least $10,000. They further gave a gratuity to a representative of the Fidelity Company with whom they consummated the sale by paying to him the sum of $2,000.

The respondents should be disbarred.

Present — Martin, P. J., O’Malley, Townley, Glennon and Untermyer, JJ.

In Lewis proceeding: Respondent disbarred.

In Lichtman proceeding: Respondent disbarred.