SCHULMAN v. ROYAL INDUS. BANK


281 A.D. 674 (1952)

Ernest Schulman, Appellant, v. Royal Industrial Bank et al., Respondents

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

December 16, 1952.


Order modified insofar as to deny dismissal of the first cause of action. It is not clear from the complaint alone that some enduring obligation through the years was being undertaken by defendants and that the transaction or transactions contemplated could not be completed within the year. The impression gained from the complaint is that the parties were contracting in reference to an immediate and particular corporate need and some financial dealing to that point, rather...

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