Case Name: S. Richard Davidge, Appellant, v. Lake Placid Company, Respondent
Court: New York Supreme Court, Appellate Term
Jurisdiction: New York
Decision Date: 1934-07-12
Citations: 152 Misc. 307
Docket Number: 
Parties: S. Richard Davidge, Appellant, v. Lake Placid Company, Respondent.
Judges: 
Reporter: New York Miscellaneous Reports
Volume: 152
Pages: 307–307

Head Matter:
S. Richard Davidge, Appellant, v. Lake Placid Company, Respondent.
Supreme Court, Appellate Term, First Department,
July 12, 1934.
Ehrich, Royall, Wheeler & Walter [Ralph Royall of counsel], for the appellant.
Lewis & Kelsey [Arthur J. Marangelo of counsel], for the respondent.
Revg. 151 Misc. 542.

Opinion:
Per Curiam.
The language in the plaintiff's bond did not " fairly place the bondholder on notice of any restriction upon defendant's obligation to pay at maturity." (Cunningham v. Pressed Steel Car Co., 263 N. Y. 671.) In any event the restrictions contained in the trust indenture are not a bar to an action on the coupons.
Order reversed, with ten dollars costs, and motion granted.
All concur; present, Callahan, Frankenthaler and Shientag, JJ.