Legal Opinion

Savings Bank v. Kane

Pennsylvania Court of Common Pleas

Decided May 15, 1978No. File No. 5528PublishedCited by 1 opinion

1Opinion of the CourtHammer, J.

On January 2,1970, Richard Larson, the third-party defendant in this action, executed a note in favor of the plaintiff hank for $3106.50. At the time, he was married to the named defendant who cosigned the note at the request of the bank. The entire proceeds of the loan were put in Larson’s business account and were used for business purposes. The parties were divorced shortly thereafter. On March 15, 1974, judgment was rendered against Larson in favor of the plaintiff bank by reason of his default in payments on the note. A weekly order for payments on that judgment was entered on January…

2Cases cited17 opinions

  1. Garrity v. Rural Mutual InsuranceWisconsin Supreme Court · 1977
  2. Senior v. HopeSupreme Court of Connecticut · 1968
  3. Stamford Bank v. BenedictSupreme Court of Connecticut · 1843
  4. Standard Surety & Casualty Co. of New York v. Standard Acc. Ins.Court of Appeals for the Eighth Circuit · 1939
  5. Waters v. WatersSupreme Court of Connecticut · 1930

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3Cited by1 opinion

  1. Grant Thornton v. Syracuse Savings BankCourt of Appeals for the Second Circuit · 1992

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