Laird v. Campbell
Supreme Court of Pennsylvania
Error to the Court of Common Pleas, No. 3, of Philadelphia eounty: Of January Term 1882, No. 199. Assumpsit, by William Campbell, against W. W. Laird, upon a promissory note made by Laird, July 2d 1877, to the order of Campbell, for $253.13, with interest, payable five months after date; also on a book account containing entries, dating from September 24th 1877, to October 5th 1877, amounting to $14:7. On the trial, before Yerkes, J., the following facts appeared : In…
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Error to the Court of Common Pleas, No. 3, of Philadelphia eounty: Of January Term 1882, No. 199. Assumpsit, by William Campbell, against W. W. Laird, upon a promissory note made by Laird, July 2d 1877, to the order of Campbell, for $253.13, with interest, payable five months after date; also on a book account containing entries, dating from September 24th 1877, to October 5th 1877, amounting to $14:7. On the trial, before Yerkes, J., the following facts appeared : In November, 1877, the defendant Laird, being financially embarrassed, called a meeting of his creditors, at which the following…
1Opinion of the CourtJustice Turnkey
Laird was engaged in business in Philadelphia, and having become financially embarrassed, called a meeting of his creditors, when nearly all of them signed an agreement of composition. Afteiwards he sent this agreement to Young, in New York, with instructions to present it to his New York creditors for their signatures. Young presented it to Campbell, who signed it. There is testimony to show, and the verdict establishes, that immediately before the signing by Campbell, Young *164told him that Mairs & Co. would sign, and that it was perfectly understood, that unless all Laird’s creditors signed…
2Cases cited3 opinions
- Bennett v. . JudsonNew York Court of Appeals · 1860
- Crans v. . HunterNew York Court of Appeals · 1863
- Parker v. DonaldsonSupreme Court of Pennsylvania · 1841
3Cited by7 opinions
- Nicola v. United StatesCourt of Appeals for the Third Circuit · 1934
- Commonwealth v. JoyceSuperior Court of Pennsylvania · 1946
- Colonial Trust Co. v. GetzSuperior Court of Pennsylvania · 1905
- Commonwealth v. KleinSuperior Court of Pennsylvania · 1910
- Tucker v. McMenaminSuperior Court of Pennsylvania · 1912
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