Appellate Division of the Supreme Court of New York, 1912

Metropolitan Trust Co. v. Houston

Metropolitan Trust Co. v. Houston
Appellate Division of the Supreme Court of New York · Decided June 15, 1912 · Cubiam
151 A.D. 931; 135 N.Y.S. 1127
Metropolitan Trust Co. v. Houston

Opinion of the Court

Peb Cubiam:

The judgment should be reversed and a new trial ordered, unless the plaintiff stipulates to reduce the judgment as entered by deducting therefrom the defendant’s proportionate amount of the coupons *932delivered to the principal debtor and also the amount in excess of the legal interest which the principal debtor has paid to the defendant, in which event the judgment as so modified and the order appealed from should'be affirmed, without costs. Present — Ingraham, P. J., McLaughlin, Scott, Miller and Dowling, JJ. Judgment reversed and new trial ordered, unless plaintiff stipulates as stated in memorandum. Order to be settled on notice.

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