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INDUS. EXP. & IMP. CORP. v. HONGKONG, ETC. CORP.

302 N.Y. 342 (1951)

Industrial Export & Import Corp., Appellant, v. Hongkong & Shanghai Banking Corp., Respondent.

Court of Appeals of the State of New York.

Decided April 12, 1951

Attorney(s) appearing for the Case

Herbert G. Feinson and Joseph Lew for appellant.

Thomas J. Minturn and George W. Kilgus for respondent.

LOUGHRAN, Ch. J., CONWAY, DESMOND, DYE, FULD and FROESSEL, JJ., concur.

LEWIS, J.

This action involves a transaction in international exchange which took place just prior to the outbreak of World War II.

At the close of a jury trial in Supreme Court both parties moved for a directed verdict. Thereafter the Trial Justice directed a verdict in favor of the defendant dismissing the complaint "for failure of proof, without prejudice".* At the...

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