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SORRIN v. PACIFIC FINANCE CORPORATION

37 F.Supp. 527 (1941)

SORRIN v. PACIFIC FINANCE CORPORATION.

District Court, S. D. New York.

February 26, 1941.

Attorney(s) appearing for the Case

Max E. Sanders, of New York City (Robert P. Levis, of New York City, of counsel), for plaintiff.

Archibald Palmer, of New York City, (Samuel Masia, of New York City, on the brief), for defendant.

M. L. Heath, of New York City, for Corporation Counsel of City of New York.

GALSTON, District Judge.

The Knickerbocker Automobile Warehouse, Inc., prior to the filing of the petition in bankruptcy, was engaged in the business of buying and selling used automobiles. In the operation of its business it had frequent financial dealings with the defendant corporation. As security for the loans made by the defendant to the bankrupt company, the bankrupt executed and delivered various chattel mortgages on specifically named automobiles. During the...

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