Connecticut Mutual Life Insurance v. Cleveland, Columbus & Cincinnati Rail Road
New York Supreme Court
mHIS action was brought against the defendants to recover JL the amount due upon one hundred and forty coupons attached to twenty bonds issued by the Columbus, Piqua and Indiana Bail Boad Company, the payment of which was guarantied by the defendants.
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mHIS action was brought against the defendants to recover JL the amount due upon one hundred and forty coupons attached to twenty bonds issued by the Columbus, Piqua and Indiana Bail Boad Company, the payment of which was guarantied by the defendants. The bonds were for $1000 each, dated April 1, 1854, and were made payable to Elias Eassett, or to the holder thereof, at the office of the Ohio Life Insurance and Trust Company, Wall street, in the city of New York, on the first day of April, 1869, with interest at the rate of seven per cent per annum, semi-annually on the first days of October…
1Opinion of the Court
By the Court, Sutherland, P. J.
This action was brought to recover the amount due on one hundred and forty coupons originally attached to twenty bonds issued by the Columbus, Piqua and Indiana Eail Eoad Company, the payment of which was guarantied by the defendant by written indorsements on the bonds, guarantying the payment of principal and interest.
The defendant sets up in its answer that the guaranties were unauthorized and without consideration, and that the plaintiff had notice of it; also, that the bonds were purchased from the Piqua company by one William Dennison, jun. for less than…
2Cases cited9 opinions
- Douglass v. HowlandNew York Supreme Court · 1840
- Mowry v. BishopNew York Court of Chancery · 1835
- Kellogg v. HickokNew York Supreme Court · 1828
- Williams v. ShermanNew York Supreme Court · 1831
- Herrick v. WhitneyNew York Supreme Court · 1818
4 more not listed; retrieve them via the Exa API.
3Cited by13 opinions
- Louisville Trust Co. v. Louisville, N. A. & C. R. Co.Court of Appeals for the Sixth Circuit · 1896
- Dillon v. MyersSupreme Court of Colorado · 1915
- Higgins v. Hocking Valley Railway Co.Appellate Division of the Supreme Court of the State of New York · 1919
- Spence v. Mobile & Montgomery Railway Co.Supreme Court of Alabama · 1885
- Seymour v. Spring Forest Cemetery Ass'nAppellate Division of the Supreme Court of the State of New York · 1896
8 more not listed; retrieve them via the Exa API.