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LEWIS & EUGENIA VAN WEZEL FOUND., INC. v. GUERDON IND., INC.

No. 154, Docket 71-1726.

450 F.2d 1264 (1971)

LEWIS AND EUGENIA VAN WEZEL FOUNDATION, INC., et al., Appellants, v. GUERDON INDUSTRIES, INC., Appellee.

United States Court of Appeals, Second Circuit.

Decided November 12, 1971.

Attorney(s) appearing for the Case

Gerald Walpin, New York City (Melvin H. Orlans, Rosenman Colin Kaye Petschek Freund & Emil, New York City, on the brief), for appellants.

Edward N. Costikyan, New York City (Neil H. Cogan, Paul, Weiss, Rifkind, Wharton & Garrison, New York City, on the brief), for appellee.

Before MEDINA, MANSFIELD and MULLIGAN, Circuit Judges.

MEDINA, Circuit Judge:

This appeal presents a question concerning the scope of CPLR 302(a) (1), the New York long-arm statute. The precise issue before us is whether or not appellants' causes of action, based upon promissory notes admittedly issued by appellee, arise from the transaction of business in New York, within the meaning of CPLR 302(a) (1). For the reasons that follow, we hold that they do. The opinion below is not reported.

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