[DOWNLOAD] "Joseph W. Wirth v. Prenyl" by Supreme Court of New York # eBook PDF Kindle ePub Free

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eBook details

• Title: Joseph W. Wirth v. Prenyl
• Author : Supreme Court of New York
• Release Date : January 21, 1968
• Genre: Law,Books,Professional & Technical,
• Pages : * pages
• Size : 57 KB

Description

In 1959 Prenyl, S.A., an Argentinian corporation, entered into a contract with Von Kohorn International Corporation (hereinafter ""Von Kohorn""), a New York corporation having its principal place of business in Westchester County in this State, for the construction by Von Kohorn of a nylon yarn plant in Argentina. To effectuate payment, a series of promissory notes was executed in Argentina and delivered by the defendants, domiciliaries of the Republic of Argentina, to a Buenos Aires bank, which in turn forwarded the notes to Manufacturers Trust Company of this city. The latter was to deliver the notes to Von Kohorn upon presentation of bills of lading and sight drafts (as evidenced by the receipt of the Midland Bank Ltd., of London, England, covering the shipment from the United Kingdom to Buenos Aires of machinery and equipment for the manufacture of nylon yarn cloth). The Trust Company was instructed to insert in the notes, prior to release, the date from which interest would be computed, such date to correspond to the date of the bill of lading. Each of the notes required payment to be made at Manufacturers Trust Company in this city, upon maturity.

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