LOEBMAN v. J. BALLAY & CO., INC.


36 A.D.2d 525 (1971)

David Loebman, Respondent, v. J. Ballay & Co., Inc., Appellant

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

January 28, 1971


Appellant shall recover of respondent $50 costs and disbursements of this appeal.

Plaintiff seeks recovery of $23,000 which he claims defendant was to hold for his (plaintiff's) benefit pursuant to a stipulation dated December 5, 1961, entered into between the plaintiff and Sandler Medical Gases, Inc. (hereinafter referred to as Sandler) and further approved by defendant J. Ballay & Co., Inc. The stipulation provided in effect that defendant (which was financing...

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