Legal Opinion

Townsend Savings Bank v. Munson

Supreme Court of Connecticut

Decided December 15, 1879PublishedCited by 7 opinions

Assumpsit, by the Townsend Savings Bank against Lyman E. Munson upon a note executed by him, and a bill in equity by Munson against the Townsend Savings Bank for an injunction against the prosecution of the action; both brought to the Superior Court. The following facts were found by the court.

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Assumpsit, by the Townsend Savings Bank against Lyman E. Munson upon a note executed by him, and a bill in equity by Munson against the Townsend Savings Bank for an injunction against the prosecution of the action; both brought to the Superior Court. The following facts were found by the court. On the 9th of January, 1869, Lyman E. Munson borrowed of the Townsend Savings Bank thirty-five hundred dollars, and executed to the bank a promissory note therefor and a mortgage of a tract of land in the city of Mew Haven. This tract lay between two streets, being five hundred and thirty feet on one…

1Opinion of the CourtPardee, J.

The two suits before us are an action at law by the Townsend Savings Bank against L. E. Munson upon the promissory note of the latter, and a petition for an injunction against the prosecution of the suit by Munson against the savings bank. Upon the facts found by the court below Munson claims that the savings bank accepted one Wood as its debtor in his place, and thereby released him from his liability on the note, and that if this be not so, he is released from his obligation by the act of the savings bank in quit-claiming to Wood a large part of the real estate security *398which he had given…

2Cited by7 opinions

  1. Santoro v. KleinbergerSupreme Court of Connecticut · 1932
  2. Worcester Mechanics' Savings Bank v. ThayerMassachusetts Supreme Judicial Court · 1884
  3. Carruth v. First National Bank of Fort WorthCourt of Appeals of Texas · 1976
  4. Dwyer v. RohanMissouri Court of Appeals · 1903
  5. First National Bank & Trust Co. v. StrongSupreme Court of Connecticut · 1930

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