Fifth National Bank of Cincinnati v. Woolsey
New York Supreme Court
Action against guarantor of notes to be discounted for a corporation in which defendant was stockholder.
1Opinion of the CourtMcAdam, J.
The defendant and nine other stockholders of the B. M. Bishop Cigar Company, an Ohio corporation, executed an. instrument in writing in which, - after setting forth the amount of stock held by them respectively, they recited that the company desired to borrow money from the plaintiff, and that the plaintiff had refused to make the loans unless their payment was acceptably' guaranteed; whereupon the said stockholders-jointly and severally agreed that all drafts, checks, notes and bills which the bank might discount for said corporation, and which remained due and unpaid within one year from…
2Cases cited20 opinions
- Smith v. . MollesonNew York Court of Appeals · 1896
- Cheesebrough v. MillardNew York Court of Chancery · 1815
- Morgan v. . SmithNew York Court of Appeals · 1877
- Monroe v. . DouglassNew York Court of Appeals · 1851
- Hubbard v. . GurneyNew York Court of Appeals · 1876
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3Cited by1 opinion
- Polaris Building Corp. v. BimbergCity of New York Municipal Court · 1930