International Press Clipping Bureau, Inc. v. American Trust Co.
This text of 28 Misc. 2d 638 (International Press Clipping Bureau, Inc. v. American Trust 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
Triable issues are presented as to whether the check in suit was mistakenly certified after the drawer had instructed the defendant bank to stop payment’ánd as to whether the plaintiff payee suffered any damage or changed its position because of this certification. Plaintiff deposited the check in his own bank for collection and defendant returned- it unpaid marked “payment stopped”. The' defendant bank may be absolved of liability to the plaintiff' if- it is shown-that the certification was the result of such mistake and that- the plaintiff has not been damaged (see Freistat v. Industrial Bank of Commerce, 18 Misc 2d 420).
The judgment should be reversed,-with $10. costs, and motion for summary judgment denied. '
Concur — Hofstadter, J. P., Aurelio and Tilzer,' JJ.
Judgment reversed, etc.
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Cite This Page — Counsel Stack
28 Misc. 2d 638, 208 N.Y.S.2d 146, 1960 N.Y. Misc. LEXIS 2163, Counsel Stack Legal Research, https://law.counselstack.com/opinion/international-press-clipping-bureau-inc-v-american-trust-co-nyappterm-1960.