Legal Opinion

United States National Bank v. Underwood

Appellate Division of the Supreme Court of the State of New York

Decided March 15, 1896PublishedCited by 13 opinions

Appeal by the plaintiff, The United States National Bank, from a judgment of the Supreme Court in favor of the defendant William A. Underwood, entered in the office of the clerk of the county of New York on the 24th day of April, 1894, upon the verdict of a jury rendered after a trial at the New York Circuit, and also from an order entered in said clerk’s office on the 11th day of April, 1894, denying the defendant’s motion for a new trial made upon the minutes.

1Opinion of the Court

Rumsey, J.:

The action was brought to recover of the defendants, as partners: in the firm of C. H. Venner, the amount due upon a promissory note given by that firm. The defendant Underwood alone answered. It appeared that on the 6th day of July, 1891, the firm of C. H. Venner & Co. was composed of William Underwood and Clarence H. Venner, who are the defendants in this action. On the sixth day of July this firm borrowed of the plaintiff $50,000 and gave their note for that sum, payable on demand, secured by collaterals. The note was in the ordinary form of a collateral security note, and.…

2Cases cited3 opinions

  1. Colgrove v. . TallmanNew York Court of Appeals · 1876
  2. Grow v. . GarlockNew York Court of Appeals · 1884
  3. Palmer v. . PurdyNew York Court of Appeals · 1880

3Cited by13 opinions

  1. Merrill v. BlanchardAppellate Division of the Supreme Court of the State of New York · 1896
  2. Reed & Barton v. AsheAppellate Division of the Supreme Court of the State of New York · 1897
  3. Drake v. HodgsonAppellate Division of the Supreme Court of the State of New York · 1924
  4. Morrisey v. BermanAppellate Terms of the Supreme Court of New York · 1905
  5. Phillips v. MendelsohnNew York Supreme Court · 1910

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