Case ID: ad_242/html/0890-02.html
Source: Caselaw Access Project
Author: {"author": "", "license": "Public Domain", "url": "https://static.case.law/"}
Date Created: 2024-08-24T03:29:51.129683

Nicholas Chicorelli, Plaintiff, v. Hempstead Paving Co., Inc., and State of New York, Defendants. Bryant Park Bank and Another, Respondents, and Continental Casualty Company and Others, Appellants.
   Judgment unanimously affirmed, with costs. Appeal from judgment entered on report of official referee. The judgment awarded retained percentages, on a contract with the State for a public improvement, to the assignee of the contractor, a bank, which advanced moneys used in the prosecution of the work. The assignment purported to transfer “ all moneys due and to become due * * * on monthly and final estimates, for labor and material performed and furnished in connection with the said contract.” This is held to include retained percentages. Present — Hill, P. J., Rhodes, McNamee, Crapser and Heffernan, JJ.