Case ID: ad_151/html/0932-02.html
Source: Caselaw Access Project
Author: {"author": "Per Curiam:", "license": "Public Domain", "url": "https://static.case.law/"}
Date Created: 2024-08-24T03:29:51.129683

Metropolitan Trust Company of the City of New York, Respondent, v. Richard M. Montgomery, Appellant.
    Motion by the defendant for an order reducing judgment.
   Per Curiam:

The judgment should be reversed and a new trial ordered unless the plaintiff stipulates to reduce the judgment as entered by deducting therefrom the defendant’s proportionate amount of the coupons delivered to the principal debtor and also the amount in excess of the legal interest which the principal debtor has paid to the defendant, in which event the judgment as so modified and the order appealed from should be affirmed, without costs. Present — Ingraham, P. J., McLaughlin, Scott, Miller and Dowling, JJ. Judgment reversed and new trial ordered, unless plaintiff stipulates as stated in memorandum. Order to be settled on notice.