Case Name: The Morris Plan Industrial Bank of New York, Formerly The Morris Plan Company of New York, Appellant, v. George H. Kraemer, Jr., and Others, Defendants, and Peter J. Houser, Respondent
Court: New York Supreme Court, Appellate Division
Jurisdiction: New York
Decision Date: 1935-01
Citations: 243 A.D. 632
Docket Number: 
Parties: The Morris Plan Industrial Bank of New York, Formerly The Morris Plan Company of New York, Appellant, v. George H. Kraemer, Jr., and Others, Defendants, and Peter J. Houser, Respondent.
Judges: 
Reporter: Appellate Division Reports
Volume: 243
Pages: 632–632

Head Matter:
The Morris Plan Industrial Bank of New York, Formerly The Morris Plan Company of New York, Appellant, v. George H. Kraemer, Jr., and Others, Defendants, and Peter J. Houser, Respondent.

Opinion:
Order directing plaintiff upon payment by respondent of the full amount of the judgment to execute and deliver an assignment of the judgment reversed upon the law, with ten dollars costs and disbursements, and motion denied, with ten dollars costs. Respondent and others are comakers of a promissory note. By paying the amount due the judgment thereby becomes extinguished and respondent would be entitled to a satisfaction of the judgment but not to an assignment of it. (Townsend v. Whitney, 75 N. Y, 425, 429; Gotthelf v. Krulewitch, 153 App. Div. 746, 748.) Lazansky, P. J., Young, Carswell, Davis and Johnston, JJ., concur.