Case ID: ny_245/html/0520-01.html
Source: Caselaw Access Project
Author: {"author": "", "license": "Public Domain", "url": "https://static.case.law/"}
Date Created: 2024-08-24T03:29:51.129683

Assets Realization Company, Respondent, v. Stephen T. Lockwood et al., as Executors of Philip W. Roth, Deceased, Appellants.
    (Argued February 23, 1927;
    decided March 29, 1927.)
    
      Practice —• reference — motion for compulsory reference properly granted.
    
    
      Assets Realization Company v. Lockwood, 217 App. Div. 784, affirmed.
    Appeal, by permission, from an order of the Appellate Division of the Supreme Court in the fourth judicial department, entered June 29, 1926, which affirmed an order of Special Term granting a motion for a compulsory reference. The action was to recover on an alleged contract of indemnity guaranteeing the plaintiff’s predecessor from loss it might sustain by reason of advances in connection with the liquidation of another bank.
    The following question was certified: “ Will the trial of this action involve the examination of a long account without the necessity of deciding difficult questions of law, so as to make it referable as provided in section 466 of the Civil Practice Act? ”
    
      W. C. Carroll for appellants.
    
      Bdward B. Bosley and Carlos C. Alden for respondent.
   Order affirmed, with costs; question certified answered in the affirmative; no opinion.

Concur: Cardozo, Ch. J., Pound, Crane, Andrews, Lehman, Kellogg and O’Brien, JJ.