Colonial Fi. Co. v. Hoover Et Ux.
Superior Court of Pennsylvania
cited: International Finance Corp. v. Phila. Wholesale Drug Co., 312 Pa. 280; Howard Fire Insurance Co. v. Bruner, 23 Pa. 50.
1Opinion of the Court
Opinion by
Baldrige, J.,
The makers of a negotiable note presented a petition to open a judgment entered thereon by confession, alleging (1) a lack of consideration, and (2) that the plaintiff was not a bona fide holder for value before maturity. A rule was granted, which the court, after hearing, made absolute. This appeal followed.
The failure of consideration does not constitute such a defect of title as to put the appellant to the burden of proving that it acquired the title in due course: Levitt v. Johnstown Office Supply Co., 103 Pa. Su perior Ct. 76, 157 A. 804; International Finance Co.…
2Cases cited7 opinions
- Fehr v. CampbellSupreme Court of Pennsylvania · 1927
- Colonial Trust Co. v. GetzSuperior Court of Pennsylvania · 1905
- First Nat'l Bank of N.J. v. Cattie Bros.Supreme Court of Pennsylvania · 1925
- International Fin. Co. v. Magilansky Et Ux.Superior Court of Pennsylvania · 1932
- Levitt v. Johnstown Office Supply Co.Superior Court of Pennsylvania · 1931
2 more not listed; retrieve them via the Exa API.
3Cited by3 opinions
- Budget Charge Accounts, Inc. v. MullaneySuperior Court of Pennsylvania · 1958
- First Pennsylvania Banking & Trust Co. v. DeliseSuperior Court of Pennsylvania · 1958
- Bondholders Securities Corp. v. Schroerlucke, Pennsylvania Court of Common Pleas, Alleghany County1935