First Nat. Bank of New Kensington v. Pennsylvania Trust Co.
Court of Appeals for the Third Circuit
Appeal from the District Court of the United States for the Western District of Pennsylvania.
1Opinion of the Court
KIRKPATRICK, District Judge.
It appears from the record that on August 30, 1901, the appellant herein discounted a promissory note of the Hussey Steel Company for $4,000, payable on demand, and took as security therefor 200 tons of steel billets. Incorporated in the note was the provision that the said collateral was to stand as security for the “payment of this or any other liability or liabilities, contingent or absolute, of ours (the Hussey Steel Company) to the holder hereof, now due or that may be hereafter contracted.” On the same day the Hussey Steel Company executed and delivered to…
2Cases cited4 opinions
- Stewart v. PlattSupreme Court of the United States · 1879
- Yeatman v. Savings InstitutionSupreme Court of the United States · 1878
- Dudley v. EastonSupreme Court of the United States · 1881
- Sabin v. CampU.S. Circuit Court for the District of Oregon · 1900
3Cited by15 opinions
- Fourth St. Nat. Bank v. Millbourne Mills Co.'s TrusteeCourt of Appeals for the Third Circuit · 1909
- Boise v. TalcottCourt of Appeals for the Second Circuit · 1920
- Sexton v. Kessler & Co.Court of Appeals for the Second Circuit · 1909
- In Re Almond-Jones Co.District Court, D. Maryland · 1926
- Philadelphia Warehouse Co. v. WinchesterDistrict Court, D. Delaware · 1907
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