Majority
Order unanimously reversed, on the law and facts, with costs, and judgment of Town of Corning Justice Court reinstated. Memorandum: In this action instituted on March 1, 1979 to recover an antique 1952 Crosley fire truck or damages, Steuben County Court reversed a judgment of the Town of Corning Justice Court which directed the return of the property to plaintiff or, alternatively, judgment for plaintiff in the amount of $3,000. The undisputed facts are that in July, 1970 plaintiff borrowed the sum of $1,000 from defendant and secured the loan by transferring possession of the fire truck to defendant with the understanding that it would be returned to plaintiff upon repayment of the loan. Plaintiff used the proceeds of a bank note executed on July 15,1971 and cosigned by defendant to repay the balance of the loan, and on March 16,1973 plaintiff paid the bank note in full. County Court concluded that the gravamen of plaintiff’s action was conversion or replevin and, applying the three-year
Cases cited
- Dowling v. City of New York 239 NY 535 p. 796
- Ganley v. Troy City National Bank 98 NY 487 p. 796