Majority
p. 708Globe Indemnity Company and Another, Appellants, v. Federal Reserve Bank of New York, Respondent, and Federal Reserve Bank of Cleveland and Another, Impleaded Defendants, Respondents.
Orders reversed, with twenty dollars costs and disbursements, and motions granted, on the authority of American Surety Co. v. Empire Trust Co. ( 262 N. Y. 181 ); People v. Bank of North America (75 id. 547). Present — Martin, P. J., Merrell, Townley, Glennon and Untermyer, JJ.; Merrell and Glennon, JJ., dissent and vote for affirmance.
Cases cited
- American Surety Co. v. Empire Trust Co. 262 N. Y. 181 p. 708