Thompson v. Tioga Rail Road
New York Supreme Court
THIS suit was brought to recover the amount due upon three several bills oí exchange, drawn by the Tioga Navigation Company. The bills were signed by James B. Wilson as “ Prest. T. N. Co.” They were all dated June 1st, 1840. Two of them were for §5000, and one of them for §4000. Bach bill was dishonored and duly protested.
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THIS suit was brought to recover the amount due upon three several bills oí exchange, drawn by the Tioga Navigation Company. The bills were signed by James B. Wilson as “ Prest. T. N. Co.” They were all dated June 1st, 1840. Two of them were for §5000, and one of them for §4000. Bach bill was dishonored and duly protested. The name of The Tioga Navigation Company, the drawers, which was a corporation existing under the laws of Pennsylvania, was, by a special act of the legislature of that state, changed to that of The Tioga Bail Boad Company, against which company this suit is brought. The…
1Opinion of the Court
By the Court,
Clerk®, P. J.
I. The case of Olcott v. The Tioga Rail Road Company, (20 N. Y. Rep. 210,) conclusively settles that our statute of limitations does not operate as a bar to this action.
II. In Babcock v. Beman, (1 Kern. 200,) the defendant indorsed the note, upon which the action was brought, by writing his name upon it and adding the word “ Treasurer,” and the note itself was payable to him with the addition of the usual abbreviation of the word. The drafts in the case under consideration were signed by James B. Wilson,-with the addition of the abbreviated words, “ Prest. T. N. Co.”…
2Cases cited2 opinions
- Olcott v. . the Tioga Railroad CompanyNew York Court of Appeals · 1859
- Bank of Genesee v. . Patchin BankNew York Court of Appeals · 1859
3Cited by3 opinions
- Boardman v. Lake Shore & Michigan Southern Railway Co.New York Court of Appeals · 1881
- Larson v. Aultman & Taylor Co.Wisconsin Supreme Court · 1893
- Wehrenberg v. New York, New Haven & Hartford RailroadAppellate Division of the Supreme Court of the State of New York · 1908