Manufacturers Trust Co. v. Diamond
This text of 10 Misc. 2d 142 (Manufacturers Trust Co. v. Diamond) 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
Where the holder of a check presents it at the bank at which it is payable, receives the money, and surrenders the paper, the transaction is completed and cannot be rescinded except for fraud or mutual mistake (Oddie v. National City Bank, 45 N. Y. 735; Bankers Trust Co. v. Wells, 215 App. Div. 343).
The judgment and order should be reversed, with $10 costs, and motion denied.
Aurelio and Tilzer, JJ., concur; Hofstadter, J., concurs in result.
Judgment and order reversed, etc.
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Cite This Page — Counsel Stack
10 Misc. 2d 142, 169 N.Y.S.2d 941, 1957 N.Y. Misc. LEXIS 2136, Counsel Stack Legal Research, https://law.counselstack.com/opinion/manufacturers-trust-co-v-diamond-nyappterm-1957.