Legal Opinion

George D. Harter Bank v. Straus

U.S. Circuit Court for the District of Eastern Pennsylvania

Decided May 25, 1909No. 490Published

On Rule to Vacate Confessed Judgment.

1Opinion of the Court

J. B. McPHERSON, District Judge.

The facts upon which this rule is to be determined are not in dispute. On July 17, 1903, the following written instrument was executed in Canton, Ohio:

$16,000. Canton, Ohio, July 17, 1903.. On Oct 1, 1903, after date, without grace, we jointly and severally, as principal debtors, promise to pay to the order of The Geo. D. Harter Bank, sixteen thousand dollars, at said bank, with interest at the rate of 8 per cent, per annum after maturity, and we consent and agree that after this obligation shall have become due, the- time of payment thereof may be extended…

2Cases cited5 opinions

  1. Philadelphia v. JohnsonSupreme Court of Pennsylvania · 1904
  2. Forsyth v. BarnesIllinois Supreme Court · 1907
  3. Hamilton v. SchoenbergerSupreme Court of Iowa · 1877
  4. Ely v. KarmanySupreme Court of Pennsylvania · 1854
  5. Ulrich v. VoneidaSupreme Court of Pennsylvania · 1830

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