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Per Curiam. The language in the plaintiff’s bond did not “ fairly place the bondholder on notice of any restriction upon defendant’s obligation to pay at maturity.” (Cunningham v. Pressed Steel Car Co., 263 N. Y. 671.) In any event the restrictions contained in the trust indenture are not a bar to an action on the coupons.
Order reversed, with ten dollars costs, and motion granted.
All concur; present, Callahan, Frankenthaler and Shientag, JJ.
Document Info
Citation Numbers: 152 Misc. 307
Filed Date: 7/12/1934
Precedential Status: Precedential
Modified Date: 1/12/2023