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McGRAW-EDISON CO. v. STANDARD FIN. CO.

20 A.D.2d 282 (1964)

McGraw-Edison Company, Appellant, v. Standard Financial Corporation, Respondent

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

February 27, 1964.

Attorney(s) appearing for the Case

Joseph Miller of counsel (Uttal, Miller & Dubin, attorneys), for appellant.

Henry A. Greenburg of counsel (Mound, Isaacs & Greenburg, attorneys), for respondent.

McNALLY, STEVENS and WITMER, JJ., concur with BOTEIN, P. J.; STEUER, J., dissents in opinion.

BOTEIN, P. J.

Plaintiff appeals from an order entered May 16, 1963 granting defendant's motion for partial summary judgment dismissing the third cause of action set forth in the complaint.

Plaintiff is a manufacturer of laundry equipment. Defendant is a commercial factor. One Joseph A. Grimes was engaged in the purchase and resale of laundry equipment, and his transactions were financed by defendant....

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