GUTTMAN v. NATL. WESTMINSTER


146 Misc.2d 391 (1990)

Harry H. Guttman et al., as Trustees of the Beck-Guttman, Inc. Profit Sharing and Savings Plan Trust, Plaintiffs, v. National Westminster Bank, Usa, Defendant.

Supreme Court, New York County.

January 22, 1990


Attorney(s) appearing for the Case

Barker & Sussman for plaintiffs. Leon P. Ciferni for defendant.


DAVID B. SAXE, J.

The facts of this case, either undisputed or conceded for purposes of this motion only, are as follows: the plaintiff trustees maintained an account at the defendant bank up until December 1986. On July 31, 1986, pursuant to the plaintiffs' direction, the defendant bank debited the plaintiff's account in the amount of $97,072 and purchased a six-month United States Treasury bill in the face...

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