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HARVEY BROKERAGE CO. v. AMBASSADOR HOTEL CORPORATION

1 F.Supp. 660 (1932)

HARVEY BROKERAGE CO., Inc., v. AMBASSADOR HOTEL CORPORATION. CENTRAL HANOVER BANK & TRUST CO. v. AMBASSADOR HOTEL CORPORATION et al. In re FABER, COE & GREGG, Inc.

District Court, S. D. New York.

October 17, 1932.

Attorney(s) appearing for the Case

Iselin & Riggs, of New York City (Ellery O. Anderson, of New York City, of counsel), for petitioner.

Dawes, Abbott & Littlefield, of New York City (Charles W. Littlefield, of New York City, of counsel), for receivers of Ambassador Hotel Corporation.

WOOLSEY, District Judge.

The within petition is dismissed, without costs.

I. The petitioner herein, under the provisions of its contract with the hotel corporation, did not trust the credit of those who made purchases from it, but trusted the credit of the hotel corporation. And under clause 6 of the contract the value of merchandise sold to patrons of the hotel by petitioner was to be paid on the 10th of each month by the hotel to the petitioner.

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