1. Home
  2. Browse Decisions
  3. N.Y.2d
  4. 17 N.Y.2d
  5. 17 N.Y.2d 166 (1966)
 

LEUMI FIN. CORP. v. RICHTER

17 N.Y.2d 166 (1966)

Leumi Financial Corporation, Respondent-Appellant, v. Morton J. Richter et al., Appellants-Respondents.

Court of Appeals of the State of New York.

Decided March 31, 1966.

Attorney(s) appearing for the Case

Paul F. Donohue for appellants-respondents.

Leo Guzik, Edward H. Lehner and Robert S. Hammer for respondent-appellant.

Judges FULD, VAN VOORHIS, BURKE, SCILEPPI, BERGAN and KEATING concur.

Chief Judge DESMOND.

On November 15, 1962 plaintiff loaned to defendant Richter $150,000 on a long-form promissory note which stated that interest was to be at the rate of 10% per year and the payment was to be "On Demand". As collateral security plaintiff received "over the counter" corporate stock (some on November 15 and some, as agreed, a few days later) then valued in the market at $64,600, or a little more...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases