Farmers' & Mechanics' Bank v. Empire Stone Dressing Co.
The Superior Court of New York City
Appeal from judgment on the report of a referee. The facts of the case found by the referee were thus stated in his report. The plaintiffs were a corporation duly created by the Legislature of the State of Connecticut, in 1833, and they transacted their business at Hartford, in that State.
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Appeal from judgment on the report of a referee. The facts of the case found by the referee were thus stated in his report. The plaintiffs were a corporation duly created by the Legislature of the State of Connecticut, in 1833, and they transacted their business at Hartford, in that State. The defendants were a corporation organized under the General Manufacturing Law of the State of New York, passed in 1848. Between the 5th day of April, 1854, and the 7th day of May, 1854, the defendants duly accepted a certain bill of exchange for $2000, drawn by the Hartford County Quarry Company, upon the…
1Opinion of the Court
By the Court.*—Woodruff, J.
The defendants are a corporation, organized under the general manufacturing law of this State, passed in 1848. (Sess. Laws of 1848, ch. 40, 54.)
They are sued upon two bills of exchange, drawn upon them by the Hartford Quarry Company, and which were, in terms, accepted by the defendants’ secretary.
It is expressly found by the referee, that “ neither of the said acceptances was made in the prosecution of the business of the defendants, but solely for the accommodation of the drawers, and that the defendants never received any consideration for such acceptances.”
This…
2Cases cited1 opinion
- Central Bank v. Empire Stone Dressing Co.New York Supreme Court · 1857
3Cited by10 opinions
- Monument National Bank v. Globe WorksMassachusetts Supreme Judicial Court · 1869
- National Park Bank v. German-American Mutual Warehousing & Security Co.New York Court of Appeals · 1889
- Park Hotel Co. v. Fourth Nat. Bank of St. LouisCourt of Appeals for the Eighth Circuit · 1898
- Nat. Park Bk. v. . G.A.M.W. S. Co.New York Court of Appeals · 1889
- Lyon, Potter & Co. v. First Nat. Bank of Sioux CityCourt of Appeals for the Eighth Circuit · 1898
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