Legal Opinion

Piscataway Twp. v. First Nat. Bank of Dunellen

Supreme Court of New Jersey

Decided May 15, 1933PublishedCited by 8 opinions

1Opinion of the Court

The opinion of the court was delivered by

Bodine, J.

The township of Piscataway on December 30th, 1929, borrowed $50,000 from the First National Bank of Dunellen upon a temporary improvement note. The instrument was payable on demand before December 31st, 1930. It appears that $17,500 was paid thereon in installments prior to July 17th, 1931. For convenience, the plaintiff will be referred to as the Township and the defendant as the Bank. The Township being in default the Bank, after demand on June 6th, 1932, charged the Township treasurer’s general account with the balance due for principal…

2Cases cited2 opinions

  1. United States v. Bank of the MetropolisSupreme Court of the United States · 1841
  2. Georges Township v. Union Trust Co.Supreme Court of Pennsylvania · 1928

3Cited by8 opinions

  1. Eastern Union Co. of Delaware, Inc. v. Moffat Tunnel Improvement DistrictSuperior Court of Delaware · 1934
  2. Borough of Fort Lee, N. J. v. United States ex rel. BarkerCourt of Appeals for the Third Circuit · 1939
  3. ESSEX CTY. BD. OF TAXATION v. City of NewarkNew Jersey Superior Court Appellate Division · 1976
  4. Daley v. City of MelvindaleMichigan Supreme Court · 1935
  5. First Nat. Bank of Chicago v. BMPANew Jersey Superior Court Appellate Division · 2001

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