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MATTER OF CITY OF NEW YORK v. BEDFORD BAR & GRILL, INC.

285 A.D. 1202 (1955)

In the Matter of City of New York, Judgment-Creditor-Respondent, v. Bedford Bar & Grill, Inc., Judgment Debtor. Manufacturers Trust Company, Assignee-Appellant

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

May 11, 1955.

Bedford Bar & Grill obtained a loan from the Trust Company in the sum of $1,200 on January 29, 1953, and on the same day it was granted a renewal of its liquor license. The Trust Company obtained as security, among other things, an assignment of any refund that might become due from the State as a result of a surrender of the liquor license. The Trust Company filed its assignment with the State Comptroller July 6, 1953, and...

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