Case Name: Old Colony Trust Company, Appellant, v. Gustav Stumpel, Respondent
Court: New York Court of Appeals
Jurisdiction: New York
Decision Date: 1928-01-10
Citations: 247 N.Y. 538
Docket Number: 
Parties: Old Colony Trust Company, Appellant, v. Gustav Stumpel, Respondent.
Judges: 
Reporter: New York Reports
Volume: 247
Pages: 538–539

Head Matter:
Old Colony Trust Company, Appellant, v. Gustav Stumpel, Respondent.
(Argued December 12, 1927;
decided January 10, 1928.)
Edward H. Blanc, George S. Mittendorf and Ramsey Clayton for appellant.
Raymond Gitlin and William Walzer for respondent.

Opinion:
Judgment affirmed, with costs, upon the ground that the provision in the note to the effect that it is subject to the terms of another agreement not attached thereto makes the promise of payment one that is not absolute on its face and thus destroys negotiability.
Concur: Cardozo, Ch. J., Pound, Crane, Andrews, Lehman, Kellogg and O'Brien, JJ.