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259 A.D. 304

Brown v. Rosenbaum

Appellate Division of the Supreme Court of the State of New York · decided 1940-04-19

Relies on Persky v. Bank of America National Ass'n · Broderick v. Aaron

Decided 1940-04-19

Per Curiam.

¶1The judgment should be reversed because no identified shares of stock were allocated to the defendant’s contract of purchase until after the failure of the Harriman National Bank and Trust Company. (Broderick v. Aaron [Rice], 264 N. Y. 368; Broderick v. Adamson [Greif], 270 id. 260.) We have concluded, however, to order a new trial rather than to dismiss the complaint for the reason that this question may not have been sufficiently raised and adequately litigated at the trial. (See Persky v. Bank of America National Association, 261 N. Y. 212.)

¶2The judgment should be reversed and a new trial granted, with costs to the appellant to abide the event.

¶3Present — Martin, P. J., Glennon, Untermyer, Cohn and Callahan, JJ.

¶4Judgment unanimously reversed and a new trial ordered, with costs to the appellant to abide the event.

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