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VARGA v. CREDIT-SUISSE

5 A.D.2d 289 (1958)

Bela Varga, Individually and as President of The National Hungarian Government, on Behalf of Himself and All Those Beneficiaries of The National Hungarian Trust Fund, Similarly Situated, Respondent, v. Credit-Suisse, Appellant

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

March 18, 1958.

Attorney(s) appearing for the Case

William Eldred Jackson of counsel (Rebecca M. Cutler with him on the brief; Milbank, Tweed, Hope & Hadley, attorneys), for appellant.

Michael M. Platzman for respondent.

BOTEIN, P. J., VALENTE, McNALLY and STEVENS, JJ., concur.

RABIN, J.

This action was brought by Bela Varga, at one time President of the Republic of Hungary, to compel the defendant, a Swiss banking institution, to account for funds which were placed in a safe deposit box maintained at said bank pursuant to a formal contract. According to the allegations of the complaint the funds in question were trust funds of a trust created in 1943 "for the maintenance of the then...

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