GLENS FALLS INS. CO. v. SCHWAB BROS. TRUCKING, INC.


29 A.D.2d 836 (1968)

Glens Falls Insurance Company, in Behalf of Itself and in Behalf of All Other Persons Entitled to Share in the Funds Received or to be Received by Schwab Bros. Trucking, Inc., Subcontractor, from Depew Paving Co., Inc., Respondent, v. Schwab Bros. Trucking, Inc., et al., Defendants, and Nathan Benderson, Individually and Doing Business as Bison Factors Co., Appellant

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

February 22, 1968


Order unanimously reversed, without costs and motion granted.

Memorandum:

This action is brought under article 3-A of the Lien Law to have defendant Benderson declared trustee of the proceeds of a subcontract which he received from defendant Schwab in repayment of advances made by him to Schwab. Plaintiff had issued performance and payment bonds covering the work under the subcontract, has paid certain claims of material-men and sues on its own behalf and...

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