JAMES TALCOTT, INC. v. STAGG WAREHOUSING & DISTRIB. CO., INC.


43 Misc.2d 864 (1964)

James Talcott, Inc., Plaintiff, v. Stagg Warehousing & Distributing Company, Inc., Defendant.

Supreme Court, Special Term, New York County.

July 3, 1964


Attorney(s) appearing for the Case

Hahn, Hessen, Margolis & Ryan (Robert J. Clerkin of counsel), for plaintiff. Jacob P. Lefkowitz for defendant.


JACOB MARKOWITZ, J.

Plaintiff herein, a factor, sues defendant, a warehousing company, for refusing to deliver certain property which plaintiff claims it is entitled to pursuant to a duly filed factor's lien on inventory to secure loans made to the Color Electronics Corporation (Personal Property Law, § 45). Defendant's refusal is based on its assertion of a warehouse lien of $1,749.50, and the nonpayment of a $13,000 loan made by it to Color Electronics...

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