Case Name: Joseph A. Broderick, as Superintendent of Banks of the State of New York, Plaintiff, v. Robert Adamson and Others, Defendants. Theodore Shapiro, Impleaded with Other Defendants
Court: New York Supreme Court
Jurisdiction: New York
Decision Date: 1933-02-03
Citations: 146 Misc. 414
Docket Number: 
Parties: Joseph A. Broderick, as Superintendent of Banks of the State of New York, Plaintiff, v. Robert Adamson and Others, Defendants. Theodore Shapiro, Impleaded with Other Defendants.
Judges: 
Reporter: New York Miscellaneous Reports
Volume: 146
Pages: 414–415

Head Matter:
Joseph A. Broderick, as Superintendent of Banks of the State of New York, Plaintiff, v. Robert Adamson and Others, Defendants. Theodore Shapiro, Impleaded with Other Defendants.
Supreme Court, New York County,
February 3, 1933.
Carl J. Austrian [Arthur Ofner, Harold N. Cohen and Warren C. Fielding of counsel], for the plaintiff.
Telsey & Young [Gerson C. Young of counsel], for the defendant Theodore Shapiro.
See, also, 146 Misc. 456.

Opinion:
Dore, J.
Motion by plaintiff to strike out certain paragraphs contained in the answer of defendant Theodore Shapiro designated as a setoff. The action is by the Superintendent of Banks to recover the statutory assessment from stockholders of the Bank of United States. The defendant pleads as a setoff (counterclaim) that he is the assignee of a depositor to whom the bank owes money. Defendant seeks to set off the amount of the deposit against the claim of the plaintiff. This it cannot do. It may, however, set off the amount of any dividend declared on the deposit. The allegations in the answer suggests that some sum is due as a dividend. A valid setoff may be claimed in respect to such sum. The motion is granted, with leave to the said defendant to serve an amended answer within ten days upon payment of ten dollars motion costs; said amended answer to be limited to said defendant's claim, if any, in respect to a dividend or dividends. Order signed.