Jordan v. Sharlock
Supreme Court of Pennsylvania
Error to the Court of Common Pleas of Dauiohin county: Of May Term 1877, No. 102. Amicable action by Francis Jordan and Geoi'ge W. Porter, assignees of the City Bank, against Martin Sharlock, in which the following case was stated for the opinion of the court:— '• “ 1. That the defendant had a running account of deposits in said City Bank, from 22d November 1875 to 6th September 1876, on which, at said last-mentioned date, there was a balance due to said defendant of…
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Error to the Court of Common Pleas of Dauiohin county: Of May Term 1877, No. 102. Amicable action by Francis Jordan and Geoi'ge W. Porter, assignees of the City Bank, against Martin Sharlock, in which the following case was stated for the opinion of the court:— '• “ 1. That the defendant had a running account of deposits in said City Bank, from 22d November 1875 to 6th September 1876, on which, at said last-mentioned date, there was a balance due to said defendant of $395.50. “ 2. That on the 13th day of June 1876 said defendant made, and had discounted at said bank, the following note,…
1Opinion of the CourtChief Justice Agnew
In re Fulton’s Estate. 1 P. F. Smith 211, it is said: “ Perhaps nothing is better settled in this state by uniform and numerous decisions than this, that a voluntary assignee is the mere representative of the debtor, enjoying his rights only and no others; and is bound where he would be bound; that he is not the representative of the creditors, and is not clothed with their powers; that he is but a volunteer and not a bona fide purchaser for value.” Many cases are cited for these propositions. Martin Sharlock made his note of $350, June 13th 1876, at ninety days, which the City Bank…
2Cited by12 opinions
- Chipman & Holt v. Ninth N. BankSupreme Court of Pennsylvania · 1888
- Jack v. KlepserSupreme Court of Pennsylvania · 1900
- Anthracite Trust Co. Mears's AppealSupreme Court of Pennsylvania · 1935
- Harr v. Bankers Securities Corp.Superior Court of Pennsylvania · 1937
- Franklin Trust Co. of Philadelphia CaseSupreme Court of Pennsylvania · 1935
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