Legal Opinion

Vermont State Bank v. Porter

Supreme Court of Connecticut

Decided June 15, 1812PublishedCited by 5 opinions

IN ERROR. THIS was an action of assumpsit on a promissory note, brought in the name of the President and Directors of the Vermont State Bank against the defendant.

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IN ERROR. THIS was an action of assumpsit on a promissory note, brought in the name of the President and Directors of the Vermont State Bank against the defendant. The note was made payable directly to the president and directors, and was executed jointly and severally by the defendant and two others> for the sum of 4000 dollars, dated the 27th day of April, 1808, and payable at the branch of the bank located at Wcstminstcr ia the state of Vermont, sixty days after its date, with interest after the same should become payable. The n°te was executed and delivered to the plaintiffs in the state…

1Opinion of the CourtSwift, J.

Tills is an action on a note given to the Fcr-■non!. State Bank, and executed in that stale. The defence is, that since the commencement of the suit, tire defendant has paid the debt in the hills of that bank, pursuant to a law of that state, enabling the promissor of a note to the bank, if sued in that state, to pay it in hills of flic same, and plead such payment by way of set-otf to the debt.

*319ii has been contended, for the defendant, that the act of the legislature of Ferment incorporating this bank, is opposed (o that clause in the constitution, which forbids a state to emit bills of…

2Cited by5 opinions

  1. In Re BurrusSupreme Court of the United States · 1890
  2. Walp v. MooarSupreme Court of Connecticut · 1904
  3. In re BarryU.S. Circuit Court for the District of Southern New York · 1844
  4. Alsop v. NicholsSupreme Court of Connecticut · 1832
  5. Butterworth v. SmithMassachusetts Supreme Judicial Court · 1921

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