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New York Trust Co. v. 100 William Street Corp.

260 A.D. 921 Court N.Y. App. Div. Decision date 1940-11-22 English

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p. 921
The New York Trust Company, as Trustee under Agreement Dated as of April 1, 1926, Made by 100 William Street Corporation, Securing the Issue of $2,500,000, Principal Amount of First Mortgage 5¾% Sinking Fund Loan Certificates, Plaintiff, v. 100 William Street Corporation, a Corporation Dissolved by Proclamation Pursuant to Section 203a of the Tax Law of the State of New York, and Others, Defendants. Interborough Leasing Corporation, a Bondholder, Appellant; James A. Beha and Others, Claiming to Constitute a Committee Known as “ 100 William Street (Woodbridge Building) First Mortgage Bondholders’ Committee,” Respondents, Impleaded with Others.

Order affirmed, with twenty dollars costs and disbursements. No opinion. Present — Martin, P. J., O’Malley, Townley, Glennon and Untermyer, JJ.; Martin, P. J., dissents and votes to reverse and deny the motion.