TRAVELERS v. FLUSHING BANK


90 Misc.2d 964 (1977)

Travelers Indemnity Company, Plaintiff, v. Flushing National Bank, Defendant.

Supreme Court, Special Term, Queens County.

June 21, 1977


Attorney(s) appearing for the Case

Charles E. Snow for plaintiff. Natanson, Reich & Barrison for defendant.


LEONARD LEIGH FINZ, J.

This is a motion for summary judgment pursuant to CPLR 3213 wherein the plaintiff seeks to recover judgment in the sum of $40,000 which it claims is due pursuant to a letter of credit issued to it by the defendant bank.

The history of the case is as follows: An action was instituted in Albany County to impress a trust on real property. The defendants in that case were one Samuel...

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