from the inventory, or that fraudulent claims have been placed upon the sched- ules. an examination should be ordered. --Id.
8. If by inadvertence or mistake any of the cre litors or claimants have received more than their share of the fund the County Court, on the accounting of the assignee, has power and authority to order its res- toration so that it may be properly dis- tributed, and to enforce its order.-In re accounting of Morgan, 341.
See ASSIGNMENT, 3; CREDITOR'S ACTION, 5, 6; LEASE. 14; MORTGAGE, 4; NEGOTIABLE PAPER, 10.
1. Where the pleader intended to sue a joint stock association and yet omitted to name the President or Treasurer or the individ- uals comprising it, a general appearance of defendant waives this defect. It is however incumbent on plaintiff to prove the exis- tence of such association by competent evidence, as this question is sufficiently put in issue by the general denial.-Brooks v. The Farmers' Creamery Ass'n, 58.
2. Where there is no allegation in the com- plaint that defendant was a corporation, a specific denial is not necessary in the answer.-Id.
3. One Thompson was alleged to be super- intendent and manager of defendant, and he appeared and answered as such. The merits were all with the plaintiff. The judgment was, under § 3083 of the Code, affirmed in favor of plaintiff notwith- standing technical errors.-Id.
1. It is doubtful whether an order increas- ing the security required upon an attach- ment is appealable to the General Term. -Riggs v. The C., Y. & P. RR. Co., 45.
2. The amount of security required upon an attachment is in the discretion of the Court or Judge and an order fixing it will not be interfered with upon appeal, unless such discretion has been abused.-Id.
3. It is not an abuse of such discretion to require an undertaking in the sum of $5,000 upon an attachment of certain bonds of a foreign corporation in which defendant's interest, assuming them to be of par value, is $163.563.60 although, their real value is uncertain and is probably much less than par.-Id.
4. The appointment of a foreign receiver of the corporation issuing the bonds on the ground of its insolvency is no reason for vacating an order previously made, fixing such security.-Id.
5. An affidavit for an attachment, under Code, § 636, stated that at the time the debt was contracted defendant falsely stated to plaintiff the amount of her in- debtedness; that her property was insuf- ficient to pay the true amount of her in- debtedness; that she had refused to pay this debt and had stated to plaintiff that she was about to assign her property to relatives whom she owed; that she had discontinued her former business and was not engaged in business. Held, That the affidavit was defective and that no attach- ment should have been issued upon it.— Carpenter v. Wood.-145.
6. Defendant, with knowledge that a rail- road company which was a depositor was embarrassed, and that attachments were being issued against it, certified a check of the company for the balance of its de- posit, payable to R., its assistant treas- urer. An attachment against the company was served on the bank, and thereafter R. deposited the check to his individual account and drew out the proceeds. Held, sufficient to sustain a finding that defend- ant had reason to and did believe when the deposit was made that it was the prop- erty of the company; that it was the duty of defendant upon being served with the attachment to take immediate steps to im- pound the fund in its hands, and prevent payment by any of its agents except to a bona fide holder of its obligations.-Gibson et al. v. The Nat'l Park Bk.—147.
7. The service of the attachment did not create a lien on the moneys deposited.— Id.
8. Where the clerk of the deputy signs the certificate under directions from the lat- ter, his act is to all intents and purposes the act of the deputy, and valid.—Id.
9. Where there has been a substitution of parties plaintiff upon the death of one, proof of the facts showing a right to sub- stitute is not necessary upon the trial.- Id.
10. A person who has acquired a lien upon or interest in property after it has been at- tached may found a motion to vacate the attachment upon the insufficiency of the papers upon which the warrant was granted.-The Marine Nat'l Bk. v. Ward et al., 176.
11. An affidavit made for the purpose of ob- taining an attachment in an action in which a national bank is the plaintiff is not sufficient for that purpose when it is made by a person who is stated to be the vice-president and a director of plaintiff, but who is not shown to have had any special knowledge of or connection with the business affairs of the bank beyond what is implied by said statement, and
the allegation in regard to counterclaims is that the plaintiff is as deponent is in- formed and verily believes, entitled to re- cover of the defendants the sum of $700.- 000 over and above all counterclaims known to the plaintiff or to deponent."- Id.
12. In order to warrant the granting of an attachment upon the ground that the de- fendant has inade a fraudulent convey- ance of a portion of his property, such fraudulent conveyance must be shown by something more than allegations merely upon information and belief.-Id.
13. After the assignment of a chose in ac- tion by a defendant it cannot be seized through the instrumentality of an at- tachment issued against him.-Ham- burger et al. v. Baker, 213.
14. An action for damages for the conver- sion of personal property is within sub. 2 of § 635 of the Code of Civ. Pro., and is one in which plaintiff is entitled to an at- tachment; and the fact that the same complaint contains a statement of anoth- er cause of action, plainly referring to the sale of the same goods, for damages for the sale and delivery of the said goods in- duced by false and fraudulent representa- tions, will not deprive plaintiff of his right to said attachment.-Gladke et al. v. Maschke.-281.
15. The only essential part of a certificate given by one possessing property of a debtor against whom an attachment has been issued is that showing the balance due to him; the dates and items of the account are admissions which may be used as evidence, but are open to explanation, and the person giving it is not estopped from showing a mistake as to them- Almy et al. v. Thurber et al., 536.
16. D. & Co., a London firm, drew a draft upon N., a merchant in N. Y., and de- livered the same to McC. & Co., a London banking firm, for transmission to N. Y. for collection. McC. & Co., forwarded such draft to the First National Bank of N. Y.. which collected it from N. that thereby the First National Bank be- came the debtor of D. & Co. for the amount of the draft and not of McC. & Co., and that such debt was subject to levy under an attachment against the property of D. & Co.-Naser et al. v. The First Nat'l Bk., 573.
1. There is no presumption that counsel have personal knowledge of the truth or falsity of affidavits presented by them in court.-Woodbridge v. Cook et al, 94.
2. In the absence of any evidence of such knowledge an action does not lie against
an attorney for conspiring to procure the discharge of a judgment debtor, on the ground that the affidavit of service of the notice of the motion for such purpose on the creditor's attorney was false.-Id. 3. A reference of an action on an attor- ney's bill should be ordered in a proper case.-Gregory v. Seaman et al., 214.
4. As between the original parties to the transaction a manual delivery of shares of stock is sufficient, without a formal transfer, to support a lien thereon for the purpose of which the delivery was made; and this rule holds good as against a re- ceiver in supplementary proceedings of the property of the party making the de- livery.-Corey v. Harte, 247.
5. Where an attorney receives from his client shares of stock as security for pro- fessional services, and upon demand of a receiver of his client's property appointed in supplementary proceedings delivers the same to said receiver with a written notice of his lien thereon and takes a re- ceipt therefor, he does not thereby sur- render or waive his lien. - Id.
6. M., having moneys to invest, gave them, as alleged, to C., an attorney. for that purpose, who, on demand, failed to ac- count for them. M. then began an action
in which the attorney was arrested. The action is pending. Upon a separate ap- plication to the court for an order direct- ing the attorney to pay over these same moneys, Held, That the matter was dis- cretionary, and as an action was pending the order should be refused.-In application of M. v. C., 297.
7. When it is agreed between plaintiffs in an action and their attorney that the latter is to receive one-tenth of the recovery to- gether with the costs and allowances, he has the right to prosecute the action to secure his compensation, and he cannot be deprived of this right by an agreement with defendant, ente, ed into by plaintiffs without his consent, not to further prose- cute the same.-Forstmann et al. v. Schulting, 358.
8. It is not necessary for the attorney, in such a case to procure leave of the court to continue the prosecution of the action. -Id.
9. General authority to an attorney to col- lect does not imply the right to receive an assignment of personal property in payment of the debt.-Sheridan v. Farn- ham, 470.
10. Section 66 of the Code is not designed to prevent litigants from fairly settling their suits without their attorney's assent, but simply to protect attorneys from be-
ing deprived of their compensation by settlements which deprive them of the means to recover it.-In re Tuttle v. The Village of Cortland, 528.
11. A settlement made in good faith by the parties will not be set aside at the instance of the attorney of one of them where it appears that the sum agreed to be paid under the settlement to his client exceeds the amount necessary to satisfy his lien, and especially where the opposite party has offered to pay his claim directly to him.-Id.
See AGENCY, 4; ASSIGNMENT, 1, 2; CORPO- RATIONS, 28; FRAUD, 2.
1. An assignee appointed by a foreign court in bankruptcy proceedings taken in invi- tum acquires no title to property of the bankrupt beyond the limit of the court's jurisdiction. And this is so, whether the question arises between the bankrupt and the assignee, or between the assignee and creditors of the bankrupt residing in this State. In re assignment of Haynes et al., 461.
See BANKS, 8, 9; MORTGAGE, 5.
1. The knowledge of a director or stock- holder of a bank will not charge the bank with notice unless he is acting for and in the business of the bank.-The Discount & Deposit Bank v. Oosterhoudt et al., 25. 2. In 1865 Margaret Ganley deposited two Treasury notes with defendant for safe keeping, and took from its cashier a paper stating that they were to be delivered to her on surrender of the receipt. In 1866 her husband, without her knowledge or subsequent ratification. induced defend- ant, without producing the receipt, to sell the notes and pay over the proceeds to him, and purchased real estate therewith. She died in 1869, and no administrator was appointed until plaintiff was in 1879. The husband died in 1874. Plaintiff pro- duced the receipt, and demanded of de- fendant the notes, which were refused. He then began this action. Held, That the action was not barred by the Statute of Limitations; that the statute began to run from the time of the demand, and not from that of the sale; that the fact that the husband, if living, would be entitled to a portion of the recovery is no defence, and that plaintiff, as administrator, was not obliged to resort to the real estate. - Ganley v. The Troy City National Bank, 305.
3. Three persons deposited with a bank and to her credit money of a woman, then in- sane, upon an agreement made with the pay ng teller that it was not to be with- drawn except in the presence of all three. No such agreement was entered in the pass-book and the teller had no authority to make such an agreement. Subse- quently one of the three presented a check or order signed by the insane wo- man with her mark and witnessed by another person and also the pass-book. The subscribing witness' signature was identified and the bank paid. It had no notice of her insanity. Held, That the bank was protected; that the teller had no apparent authority, by virtue of his position, to make such an agreement as above stated, and that the bank was not put on inquiry by the circumstances of the deposit and its withdrawal.-Riley v. The Albany Savings Bank, 319.
4. The administrator of the insane person proceeded in a Surrogate's Court against the person who drew out the money and it was there adjudged that the money drawn out was the proper money of the insane person and was in the possession of the man proceeded against. Held, That the administrator had elected his remedy and could not thereafter bring this action against the bank for the same debt.-Id.
5. A deposit was made with defendant by a man who gave his name as S. and a pass- book was issued to him. Thereafter one V. being in prison, a stack of hay on his farm was sold, and at the bottom the pass-book was found, and afterwards given to V.'s administrator. A precise duplicate of this book was presented to the receiver of defendant by a man who answered the description of the depositor, and his signature comparing favorably with the original signature a dividend declared was paid to him. On a claim by V.'s administrators for said dividend, there was no evidence as to who S. was, or that there was such a person. nor that the book was ever seen in V.'s possession; there was evidence tending to show that the depositor's signature was in V.'s hand-writing. Held, That the burden was on the claimants to establish that V. made the deposit, and that the proof was not so conclusive that the court was bound to believe that he did; that the re- ceiver was protected by his payment made with due care and diligence.-The People v. The Third Avenue Savings Bank, 414.
6. Under an arrangement between banks by which the bank collecting checks sent by the other is to remit any balance found due the other by draft on N. Y., less ex- change, the collecting bank is not en- titied to offset against the proceeds of a
check collected the amount of a check previously accounted for, the amount of which it has repaid on a claim that it was forged.-Hall v. The Tioga National Bank, 416.
7. The acceptance by an irretrievably in- solvent bank of the deposit of drafts just before the final closing of its doors con- stitutes such a fraud as entitles the de- positor to reclaim the drafts or their proceeds.-Craigie et al. v. Hadley, 425.
8. Neither the creditor of an insolvent bank nor its assignee in bankruptcy has any equity to have such deposit applied in payment of the obligations of the bank. - Id.
9. A repayment of such deposit does not constitute a preferential payment under the Bankrupt act.-Id.
10. A husband to quiet and appease his wife deposited money to her credit in the de- fendant bank and gave to her a bank book showing the deposit. At the same time he told the cashier it was his own money and he would let it rest in that way for a short time. The wife drew checks against the account which the bank paid and charged to her account. The wife died. The bank became insolvent. Held, That a perfect gift to the wife of the de- posit was made out and that the husband could not reclaim the money as against other creditors.-The People v. The State Bank of Fort Edward, 432.
11. The words "a liability created by law," in § 394 of the Code, mean simply a lia- bility created by some statute.-Brinck- erhoff et al. v. Bostwick et al., 468.
12. The liability of bank officers for negli- gence or misconduct is a common law lia- bility arising from their relations to the bank and the manner in which they dis- charge the duties thereof, and an action thereon is subject to the limitation of ten years prescribed by § 388.-Id.
13. Where the endorser of a note, dis- counted by a bank and past due, gave to it as collateral security a mortgage upon an agreement that it would not sue him upon said note until it should ascertain, after the foreclosure of another mortgage which it held against the maker of the note, what sum would remain unpaid up- on the note, Held, that this was a valid extension of time to the endorser and constituted the bank a holder for value of his mortgage.-Durkee v. The National Bank of Fort Edward et al., 477.
14. Under an agreement that a president should be paid out of the net profits of a bank, to entitle him to salary it must ap- pear that the profits were actually real- ized and not estimated. So where a bank
held government bonds which were worth more than their cost on a certain day and a calculation of the bank's assets and lia- bilities was made as of that day and the bonds, though not sold, were put in at their current price, whereby it appeared that there was a profit, and that the president was therefore entitled to salary, Held, that the method adopted was incor- rect; that there having been no sale of the bonds there could not be, as to them, any net profit.—Jennery v. Olmstead et al., 565.
See ATTACHMENT, 6, 7, 11; EXECUTORS, 14; JUSTICES COURT. 2; SURETYSHIP, 2.
1. By the will of one M. a trust was created for the life of his son, the income during his minority to be added to the principal and the income of the whole fund to be thereafter paid to him. In an action by the son to have the trust declared void and the fund paid over to him, judgment was rendered declaring the trust valid. Held, That said judgment was a bar to an action by creditors of the son to re- cover the accumulations of income; that the estoppel was available to the son of the beneficiary although he was not in esse when it was rendered, and that the executor of M. could not waive the es- toppel to the prejudice of the persons beneficially interested and claiming it.. Pray et al. v. Hegeman et al., 224.
2. A former adjudication is none the less a bar to a subsequent action involving the same questions because the unsuccessful parties in the former action have joined another person with them as plaintiffs in the subsequent one.- Meagley et al. v. The City of Binghamton, 370.
3. A complaint in ejectment set up legal title and right of possession under certain deeds. The answer alleged that the premises were fraudulently included in a trust deed to plaintiff's grantor. Judg- ment was rendered awarding possession to plaintiff and damages for detention. Held, That such judgment simply vested a legal title in plaintiff derived from the trust deed, and left her as trustee in an existing trust, and was not a bar to an ac- tion to set aside the trust as void.-Jack- son v. Andrews et al., 505.
See CONVERSION, 5; DIVORCE, 5; ESTOPPEL LEASE, 4; LIMITATION; SURROGATES, 5.
BILL OF PARTICULARS,
1. Where defendant is not entitled to a bill of particulars as a matter of right, but on a demand by defendant plaintiffs serve one which is defective, an order that plaintiffs furnish a further bill of particu-
lars is in the discretion of the court, and will not be interfered with where it ap- pears that such further bill will be a facil- ity which plaintiff should afford to de- fendant in preparing a bill of particulars which defendant had been ordered to give.-Langdon et al. v. Brown, 239. See LIBEL, 3.
BONA FIDE PURCHASER. See MORTGAGE, 1.
1. The right of a bona fide holder for value of a negotiable bond issued by a railroad company to recover thereon is not affected by the fact that the railroad sold the bonds at a discount contrary to the pro- visions of their charter, which forbade the sale of them at less than their par value.-Ellsworth v. The St. Louis A. & T. H. RR. Co., 419.
2. A foreign corporation sold its bonds in the city of New York, the principal and in- terest being payable there. Held, That they were New York contracts and valid here although there were provisions in the charter of the company which would make them illegal in the State where the charter was granted.-Id.
See EXECUTION, 8; SURETYSHIP, 2, 3.
BREACH OF PROMISE.
See MARRIAGE, 3.
1. The grant to plaintiffs of a right to draw water from the canal for milling purposes under Chap. 270, Laws of 1822, and Chap. 100, Laws of 1827, was a limited estate liable to be defeated by the happening of the contingency provided as a condition subsequent. The contingency having occurred and the commissioners having duly exercised their right of revocation, plaintiffs had no claim for damages against the state.-Dermott et al. v. The State, 486.
1. When by a charter party provision is made for payment of the freight in a par- ticular place and in a particular manner, and the debtor provides the requisite funds at the place named, if the creditor does not accept payment in the manner agreed upon he assumes whatever risk is attendant upon his omission to do so.- Holdsworth v. De Belaunzaran et al.,
2. By the terms of a charter party a por- tion of the freight was to be paid at Cadiz in cash. Upon arriving there the master of the vessel, although knowing that the charterer's agent at that place had suffi- cient moneys of theirs in his hands with which to pay the freight, for convenience in remitting the same to the owners, allowed such agent to undertake to pro- cure a draft for him and forward the same to them, and relied upon the state- ment of such agent that he had done so without investigation. Such agent did not procure a good draft, but drew an unauthorized draft on the charterers, having at that time no money of his in their hands, and such draft when pre- sented was dishonored. Held, That an action could not be maintained against the charterers to recover the freight for which the draft was taken.-Id.
1. A chattel mortgage given to indemnify a surety upon an undertaking in an act on against loss or damage, and conditioned that it should be void when the mortgagor should pay the damages, etc., that should be adjudged against him, and providing that the mortgagee, if he should deem himself in danger of losing the said debt. by delaying the collection thereof until the expiration of the time limited for the payment thereof,” might take possession, etc., authorizes the mortgagee in taking possession before any liability upon the undertaking has accrued.-Filkins v. Cruice, 292.
2. In the absence of any finding of fact tending to show that the mortgagee did not act in good faith in making the seizure. or that he did not in fact deem himself in danger of loss, a finding of the court that the seizure and detention was wrong- ful is unwarranted, and especially so when inconsistent with the facts found.- Id.
3. An understanding or arrangement be- tween the parties to a chattel mortgage that the mortgagor shall be permitted to deal with the property for his own bene- fit renders the mortgage fraudulent and void as to creditors, whether such arrange- ment is contained in the mortgage or ex- ists by parol, and whether such parol agreement is valid or not.-Potts v. Hart et al., 496.
4. Declarations made by the mortgagee's bookkeeper at the time of taking the mortgage, to the effect that it would not affect the mortgagor in any way to give it, are competent as part of the res gesta. -Id.
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