HOROWITZ v. SEC. CLEARANCE CORP.


27 Misc.2d 739 (1961)

Raymond J. Horowitz, Plaintiff, v. Securities Clearance Corp. et al., Defendants.

Supreme Court, Special Term, New York County.

January 24, 1961


Attorney(s) appearing for the Case

Deutsch & Zucker (Mendel Zucker of counsel), for plaintiff. Hartman & Craven for Jack Ackerman and others, defendants.


ARON STEUER, J.

The nature of the action is a suit to recover certain securities or their value. Plaintiff's claim is that he pledged these securities to secure a loan made to him by the corporate defendant. He tendered the amount of the loan and interest but could not get his securities. He also claims that these securities were re-hypothecated with the defendants Ackerman contrary to his agreement with the...

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