Globe Indemnity Co. v. Federal Reserve Bank

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.