Springman v. Gibbs

19 A.D.2d 910, 244 N.Y.S.2d 911, 1963 N.Y. App. Div. LEXIS 2834

This text of 19 A.D.2d 910 (Springman v. Gibbs) 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
Springman v. Gibbs, 19 A.D.2d 910, 244 N.Y.S.2d 911, 1963 N.Y. App. Div. LEXIS 2834 (N.Y. Ct. App. 1963).

Opinion

In an action, in which the complaint alleges that through fraudulent representations by the individual defendants, who were the officers, directors and owners of all of the corporate defendant’s outstanding capital stock, plaintiff was induced to purchase 50% of such stock for the sum of $45,000, of which $25,000 was paid and $20,000 was to be paid in the future; and in which judgment is sought: (a) for $25,000, with interest; (b) requiring the defendants to surrender any writings wherein plaintiff obligated himself to pay the corporate defendant $20,000 on or before a specified date in the future, and declaring such writings to be void and of no effect; and (c) for other and further relief, the plaintiff appeals from so much of an order of the Supreme Court, Nassau County, dated May 22, 1963, as denied his motion, pursuant to rule 109 of the Rules of Civil Practice, to strike out for insufficiency in law the second affirmative defense contained in the joint amended answer of all the defendants but asserted on behalf of the individual defendants only. Order, insofar as appealed from, reversed, with $10 costs and disbursements, and plaintiff’s motion to strike out the second affirmative defense granted. In our opinion the defense pleaded, to the effect that in making the misrepresentations upon which plaintiff’s action is based, the individual defendants acted as agents of the corporate defendant, is insufficient in law (cf. Maele v. Latta, 178 N. Y. 525; Loud v. Clifford, 254 N. Y. 216; African Metals Corp. v. Teeter, 262 App. Div. 698, revd. on other grounds sub nom. African Metals Corp. v. Bullowa, 288 N. Y. 78; 2 N. Y. Jur., Agency, § 290). Beldock, P. J., Christ, Brennan, Hill and Hopkins, JJ., concur.

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Related

Loud v. Clifford
172 N.E. 475 (New York Court of Appeals, 1930)
Mack v. . Latta
71 N.E. 97 (New York Court of Appeals, 1904)
African Metals Corp. v. Bullowa
41 N.E.2d 466 (New York Court of Appeals, 1942)
African Metals Corp. v. Teeter
262 A.D. 698 (Appellate Division of the Supreme Court of New York, 1941)

Cite This Page — Counsel Stack

Bluebook (online)
19 A.D.2d 910, 244 N.Y.S.2d 911, 1963 N.Y. App. Div. LEXIS 2834, Counsel Stack Legal Research, https://law.counselstack.com/opinion/springman-v-gibbs-nyappdiv-1963.