Judgment modified upon the law and the facts (1) so as to provide that said interest be calculated at the rate of 3% per annum, and (2) that the judgment be reduced accordingly. As so modified, judgment affirmed, without costs.
On April 20, 1959, when the judgment was entered, the applicable statute provided that the rate of interest to be paid by the New York City Transit Authority upon any judgment or accrued claim against it should not exceed 3% per annum (Public...
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