Van Damm v. New York Central Storage Co.
This text of 132 N.Y.S. 394 (Van Damm v. New York Central Storage 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
It appears from the return that the corporation has no cashier, and that Maves is only the bookkeeper. His duties are confined to bookkeeping and to the receipt of money when the superintendent is not in the office. He does not indorse the checks.
[395]*395It was held in the case of Eisenhofer v. New Yorker Zeitung Publishing & Printing Co., 91 App. Div. 94, 86 N. Y. Supp. 438, that:
“The cashier of a corporation is its financial agent. He is the one who has charge of its funds, and has the right to take charge of such funds to the exclusion of every other person.”
It follows that Haves was not “the cashier” of the defendant corporation, within the meaning of the statute.
" Judgment must» therefore be reversed, and complaint dismissed, with costs to appellant. All concur.
Free access — add to your briefcase to read the full text and ask questions with AI
Related
Cite This Page — Counsel Stack
132 N.Y.S. 394, Counsel Stack Legal Research, https://law.counselstack.com/opinion/van-damm-v-new-york-central-storage-co-nyappterm-1911.