Kings County Trust Co. v. Giovinco
New York Court of Appeals
Kings County Trust Co. v. Giovinco, 194 N.E. 60 (N.Y. 1934)
266 N.Y. 137; 1934 N.Y. LEXIS 895
<italic>Per Curiam.</italic>
Kings County Trust Co. v. Giovinco
Opinion of the Court
The payment of interest in advance, in the circumstances as found by the trial court and sustained by the weight of evidence, rebuts the presumption (New York Life Ins. Co. v. Casey, 178 N. Y. 381) that such payment indicates an extension of time so as to discharge a surety.
The judgment of the Appellate Division should be reversed and that of the Special Term affirmed, with costs in this court and in the Appellate Division.
Pound, Ch. J., Crane, Lehman, O’Brien, Hubbs, Crouch and Loughran, JJ., concur.
Judgment accordingly.
Reference
- Full Case Name
- Kings County Trust Company, as Trustee Under the Will of Whitman W. Kenyon, Deceased, Appellant, v. Charles Giovinco Et Al., Defendants, and Arthur A. Wulff, Respondent
- Cited By
- 1 case
- Status
- Published