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BUFFUM v. CHASE NAT. BANK OF CITY OF NEW YORK

No. 10456.

192 F.2d 58 (1951)

BUFFUM v. CHASE NAT. BANK OF CITY OF NEW YORK.

United States Court of Appeals Seventh Circuit.

October 24, 1951.

Attorney(s) appearing for the Case

Harry G. Fins, Erving S. Sternberg, Chicago, Ill., for appellant.

Kenneth F. Burgess, Howard Neitzert and Walter J. Cummings, Jr., all of Chicago, Ill. (Sidley, Austin, Burgess & Smith, Chicago, Ill., Milbank, Tweed, Hope & Hadley, New York City, of counsel), for appellee.

Before MAJOR, Chief Judge, FINNEGAN and LINDLEY, Circuit Judges.

LINDLEY, Circuit Judge.

Plaintiff's amended complaint averred that plaintiff is a citizen of Illinois, defendant, a national banking association in New York; that the amount in controversy exceeds $3,000; that defendant has been authorized to do business in Illinois as a foreign corporation; that, in reliance upon defendant's representation that it was holding letters of allocation for 175,000 tons of cold rolled sheet steel, which it was willing to sell, plaintiff...

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