1. Home
  2. Browse Decisions
  3. F.2d
  4. 22 F.2d
  5. 22 F.2d 584 (1927)
 

THE PRESIDENT ARTHUR

22 F.2d 584 (1927)

THE PRESIDENT ARTHUR.

District Court, S. D. New York.

September 13, 1927.

Attorney(s) appearing for the Case

George Wright Hinckley, of New York City (J. Markham Marshall, of New York City, of counsel), for libelant.

Lampke & Stein, of New York City (Chauncey E. Treadwell, of New York City, of counsel), for claimant American Palestine Line, Inc.

THACHER, District Judge (after stating the facts as above).

The rule is settled that, when a note of a third party is taken at the time of the creation of a debt, as upon a sale of goods, the presumption is that it was taken in payment. Atlas S. S. Co. v. Colombian Land Co., 102 F. 358 (C. C. A. 2d); N. Y. & Cuba S. S. Co. v. Texas Co., 282 F. 221 (C. C. A. 2d); Hall v. Stevens, 116 N.Y. 201, 22 N. E. 374, 5 L. R. A. 802.

There is no need for such presumption...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases