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SUPERIOR FINANCIAL CORP. v. HASKELL

No. 79 Civ. 6008 (MEL).

556 F.Supp. 199 (1983)

SUPERIOR FINANCIAL CORP., Plaintiff, v. Herbert HASKELL and United States of America, et al., Defendants.

United States District Court, S.D. New York.

February 15, 1983.

Attorney(s) appearing for the Case

Gordon & Kanengiser, Millburn, N.J., for plaintiff; Joseph Gordon, Millburn, N.J., of counsel.

John S. Martin, Jr., U.S. Atty., S.D.N.Y., New York City, for U.S.; Steven E. Obus, Asst. U.S. Atty., New York City, of counsel.

LASKER, District Judge.

In 1975, Herbert Haskell purchased 1,090 shares in 30 East 65th Street Corporation, a cooperative apartment corporation. He received a stock certificate and a proprietary lease on an apartment in the building. On the same day Haskell borrowed $70,000 from Superior Financial Corp. ("Superior"). Haskell executed a promissory note and delivered to Superior the stock certificate and lease as collateral. Superior and Haskell have had other dealings...

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