Ludlow v. American Exchange National Bank
Opinion of the Court
Judges Barnard and Brady have both held this case to be referable. I think they are right. The complaint, in the 3d and 4th sections, shows that the property, the subject of the suit, was to be held and applied not only in liquidation of the indebtedness mentioned in the complaint, but of all future advances which the defendants might make; that further advances were made, by the bank, by payment of calls on the certificate which it is sought to redeem'; and an account will have to be taken of these advances, and also of the payments made by the plaintiff. This account is necessary to
I am for affirming the order.
Order affirmed.
Ingraham, P. J., and Cardozo and Geo. G. Barnard, Justices.]
Case-law data current through December 31, 2025. Source: CourtListener bulk data.