AGRESS v. TURKMENILLI


278 A.D. 691 (1951)

Leo Agress et al., Copartners Doing Business under the Name of Agress Nut & Seed Co., Appellants, v. Omer C. Turkmenilli, Respondent

Appellate Division of the Supreme Court of the State of New York, First Department.

March 27, 1951.


The letter of credit of the Irving Trust Company states that it is "Identical with credit cabled to you through Chemical Bank & Trust Company, New York." The letter of credit of the Chase National Bank states, "Details of this credit advised by cable thru the Chemical Bank & Trust Company, New York, N. Y." It is not clear that the terms of the contract requiring the establishment of a letter of credit through the Chemical Bank & Trust Company were not complied...

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