Mundet Cork Corp. v. Grupp
This text of 154 Misc. 798 (Mundet Cork Corp. v. Grupp) 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
The holder of a note in due course is not bound by a payment made to a prior holder after the transfer of the note. Such a payment is made at the peril of the one making it. (Carr v. Lewis, 20 N. Y. 138; First National Bank of Bridgeport v. Blackman, 249 id. 322.)
Judgment reversed, with thirty dollars costs, and judgment directed for the plaintiff for the amount claimed in the summons.
All concur; present, Lydon, Hammer and Frankenthaler, JJ.
Free access — add to your briefcase to read the full text and ask questions with AI
Related
Cite This Page — Counsel Stack
154 Misc. 798, 278 N.Y.S. 231, 1935 N.Y. Misc. LEXIS 1036, Counsel Stack Legal Research, https://law.counselstack.com/opinion/mundet-cork-corp-v-grupp-nyappterm-1935.