Second National Bank v. Hoffman
Supreme Court of Pennsylvania
Appeal, No. 199, Oct. T., 1910, by defendant, from judgment of C. P. Venango Co., Aug. T., 1908, No. 83, on verdict for plaintiff in case of Second National Bank of Pittsburg v. Taylor Hoffman. Assumpsit on a promissory note. Before Crisswell, P. J. The opinion of the Supreme Court states the facts of the case. The court gave binding instructions for plaintiff. Verdict and judgment for plaintiff for $5,329.46. Defendant appealed.
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Appeal, No. 199, Oct. T., 1910, by defendant, from judgment of C. P. Venango Co., Aug. T., 1908, No. 83, on verdict for plaintiff in case of Second National Bank of Pittsburg v. Taylor Hoffman. Assumpsit on a promissory note. Before Crisswell, P. J. The opinion of the Supreme Court states the facts of the case. The court gave binding instructions for plaintiff. Verdict and judgment for plaintiff for $5,329.46. Defendant appealed. Error assigned amongst others was (6) in giving binding instructions for plaintiff.
1Opinion of the Court
Opinion by
Mr. Justice Brown,
On April 10, 1908, the Second National Bank of Pitts-burg was the holder of the note of W. C. and John M. McKee for $7,000, which matured on that day, but was not paid. A few days later the makers called at the bank and had an interview with its cashier, J. M. Young, who insisted upon payment of the obligation. When informed by them that they could not pay, he told them the bank would not embarrass them, if they would give it collateral security or a satisfactory indorsement, and it was then agreed that they would pay $500 on the note and give a new note with an…
2Cases cited5 opinions
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