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BEOL, INC. v. H. S. DORF CO., INC.

278 A.D. 896 (1951)

Beol, Inc., Respondent, v. H. S. Dorf Co., Inc., Appellant

Appellate Division of the Supreme Court of the State of New York, First Department.

June 5, 1951.

Per Curiam.

Plaintiff having purchased goods in this country for resale in Belgium arranged with defendant, a New York forwarding agency, to finance the issuance of a letter of credit for a fixed fee. The letter was issued, but defendant refused to consent to the release of the merchandise, claiming plaintiff had not deposited the agreed amount with it.

Holding that plaintiff had deposited sufficient money...

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