J. F. BRAUN & SONS v. FIRST NAT'L CITY BANK OF NEW YORK


32 A.D.2d 749 (1969)

J. F. Braun & Sons, Respondent, v. First National City Bank of New York, Appellant

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

June 5, 1969


Order entered July 8, 1968, unanimously modified on the law, to grant summary judgment dismissing the first cause of action, without costs or disbursements; otherwise affirmed.

Plaintiff, a customer of defendant bank, has sued for damage resulting from certain transactions in respect of plaintiff's account and those of two other customers. All three had so-called no-delay privileges, i.e., deposits were forthwith credited to their accounts without awaiting collection...

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