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KUERSCHNER & RAUCHWARENFABRIK v. N. Y. TRUST CO.

162 F.Supp. 481 (1958)

KUERSCHNER & RAUCHWARENFABRIK, A.G., Plaintiff, v. The NEW YORK TRUST COMPANY, Defendant. PANNONIA FUR FACTORY (Pannonia Szorme Arguyar), Plaintiff, v. The NEW YORK TRUST COMPANY, Defendant.

United States District Court S. D. New York.

June 2, 1958.

Attorney(s) appearing for the Case

Doman & Van Heemstra, New York City, for plaintiff Kuerschner & Rauchwarenfabrik.

Wolf, Popper, Ross, Wolf & Jones, New York City, for plaintiff Pannonia Fur Factory.

White & Case, New York City, A. Hayne de Yampert, New York City, of counsel, for defendant New York Trust Co.

EDELSTEIN, District Judge.

In an action to recover the sum of $9,895.75 admittedly held, at the time of the filing of the complaint and for some time thereafter, by the defendant, The New York Trust Company, for the account of the plaintiff corporation, Kuerschner & Rauchwarenfabrik, A.G., the bank has moved for summary judgment. The plaintiff was a Hungarian corporation that was nationalized. Its funds in the defendant bank were frozen as of March 13, 1941, by...

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