STRATFORD FACTORS v. STATE BANKING DEPT.


10 A.D.2d 66 (1960)

Stratford Factors, a COPARTNERSHIP, Appellant, v. New York State Banking Department et al., Respondents, et al., Defendants

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

March 15, 1960.


Attorney(s) appearing for the Case

Emanuel Silverman of counsel (Jack Goldstein with him on the brief; Emanuel Silverman, attorney), for appellant.

Herbert J. Wallenstein of counsel (Paxton Blair and Irving Galt with him on the brief; Louis J. Lefkowitz, Attorney-General, attorney), for respondents.

BOTEIN, P. J., BREITEL, RABIN and M. M. FRANK, JJ., concur.


VALENTE, J.

Plaintiff sued to recover $52,217.33 from defendants as the balance due on a loan made by plaintiff to Concord Supplies & Equipment Corp. The defendants — the Pennsylvania Exchange Bank and two of its former officers, one of whom is now deceased — were charged with fraudulently misrepresenting to plaintiff the amount of an outstanding loan due to the bank from Concord, concealing...

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