Bank of Peru v. Farnsworth
Illinois Supreme Court
This is an action commenced by Farnsworth against the bank of Peru, upon a certificate of deposit, on the back of which is indorsed, “Pay to order of E. R. Farnsworth, John Farnsworth. Pay the bearer, E. R. Farnsworth.”
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This is an action commenced by Farnsworth against the bank of Peru, upon a certificate of deposit, on the back of which is indorsed, “Pay to order of E. R. Farnsworth, John Farnsworth. Pay the bearer, E. R. Farnsworth.” The appellee filed a declaration in the county court of La ■Salle county, as follows: The first count of the declaration was upon the certificate of deposit, setting it out in substance, and the indorsement by the depositor to the appellee—the liability of appellant, promise to pay, and presentment for payment and refusal. The second count alleges that on September 22d, 1854,…
1Opinion of the CourtCaton, J.
It was conceded that the plaintiff in error is a banking institution, incorporated under the general banking law of this state, passed February 15th, 1851. This action was brought against the bank upon the following instrument:
John Farnsworth, Esq. has deposited in this bank two hundred and forty dollars, currency, to the credit of himself, payable in like funds on the return of this certificate, duly indorsed, four months after date.
ED. 0. ALLEN, Cashier.
This was assigned by John Farnsworth to E. FT. Farnsworth, by whom this action was brought. The only question which we propose to consider…
2Cited by11 opinions
- Telford v. PattonIllinois Supreme Court · 1892
- Black v. WardMichigan Supreme Court · 1873
- Kavanagh v. Bank of AmericaIllinois Supreme Court · 1909
- Brummagim v. TallantCalifornia Supreme Court · 1866
- First National Bank v. Security National BankNebraska Supreme Court · 1892
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