UNITED LAKELAND AIR CONDITIONING CO., INC. v. AHNEMAN-CHRISTIANSEN, INC.


18 A.D.2d 1022 (1963)

United Lakeland Air Conditioning Co., Inc., et al., Appellants, v. Ahneman-Christiansen, Inc., et al., Defendants, and Dime Savings Bank of Brooklyn, Respondent

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

March 18, 1963


Order and judgment affirmed, with $10 costs and disbursements.

Our affirmance, however, is upon the ground that the payments which the defendant bank made out of the trust funds in its possession for work rendered and for materials supplied in order to complete the improvements on the properties in question did not constitute diversions of such funds from their intended...

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