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123 Misc. 535

Hedstbom v. Kahn

Appellate Terms of the Supreme Court of New York · decided 1924-06-27

Relies on White v. . Kuntz

Decided 1924-06-27

Per Curiam.

¶1The evidence convincingly establishes that the note in suit was given to induce plaintiff to sign the composition agreement which he had theretofore refused to sign, and that the intent and purpose of the giving of the note was to collusively give plaintiff a benefit over other creditors who, with him, signed the composition agreement. The note was, therefore, in its inception fraudulent and void. See White v. Kuntz, 107 N. Y. 518, 525.

¶2Judgment reversed, with thirty dollars costs, and complaint dismissed on the merits, with costs.

¶3All concur; present, Guy, Gavegan and Mitchell, JJ.

¶4Judgment reversed and complaint dismissed.

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