Litter v. Klapow

Appellate Division of the Supreme Court of New York

Litter v. Klapow

282 A.D. 893, 124 N.Y.S.2d 902, 1953 N.Y. App. Div. LEXIS 5354

CourtAppellate Division of the Supreme Court of the State of New York

DecidedOctober 26, 1953

StatusPublished

This text of 282 A.D. 893 (Litter v. Klapow) is published on Counsel Stack Legal Research, covering Appellate Division of the Supreme Court of the State of New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Litter v. Klapow, 282 A.D. 893, 124 N.Y.S.2d 902, 1953 N.Y. App. Div. LEXIS 5354 (N.Y. Ct. App. 1953).

Pincite

Opinion

In an action brought for the return of certain stock alleged to have been deposited by plaintiffs with appellants as collateral security for certain indebtedness, which are alleged to have been repaid, the appeal is from so much of an order as denies appellants’ cross motion to dismiss the complaint for insufficiency. Order, insofar as appealed from, affirmed, with $10 costs and disbursements. Whether the transfer of the stock was outright or merely as collateral security, the amount of the loans for which the stock was allegedly deposited as security, and whether such loans have been repaid, are questions which should be determined on a trial. Nolan, P. J., Adel, Wenzel, MacCrate and Beldoek, JJ., concur.

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In an action brought for the return of certain stock alleged to have been deposited by plaintiffs with appellants as collateral security for certain indebtedness, which are alleged to have been repaid, the appeal is from so much of an order as denies appellants’ cross motion to dismiss the complaint for insufficiency. Order, insofar as appealed from, affirmed, with $10 costs and disbursements. Whether the transfer of the stock was outright or merely as collateral security, the amount of the loans for which the stock was allegedly deposited as security, and whether such loans have been repaid, are questions which should be determined on a trial. Nolan, P. J., Adel, Wenzel, MacCrate and Beldoek, JJ., concur.

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Bluebook (online)

282 A.D. 893, 124 N.Y.S.2d 902, 1953 N.Y. App. Div. LEXIS 5354, Counsel Stack Legal Research, https://law.counselstack.com/opinion/litter-v-klapow-nyappdiv-1953.