HANSEN v. STORM


7 A.D.2d 989 (1959)

Otto Hansen, as Trustee under the Deeds of Trust Established by Ada B. Storm, Respondent, v. Carol MacB. Storm et al., as Executrices of Ada B. Storm, Deceased, Appellants Otto Hansen, as Trustee under the Deeds of Trust Established by Ada B. Storm, Respondent, v. Chemical Corn Exchange Bank, Defendant and Interpleading Plaintiff. Clara Y. Hildreth et al., as Executrices of Ada B. Storm, Deceased, Interpleaded Defendants-Appellants

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

March 31, 1959


Order unanimously modified, on the law and on the facts, to the extent of directing entry of judgment on the merits, with $20 costs and disbursements to appellants.

The stipulation entered into among the parties in open court purported to "settle and discontinue" certain claims as well as the consolidated action based upon said claims, by the interchange of cash and securities in "full satisfaction" of such claims. The payment and deliveries as contemplated by the...

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