Seneca County Bank v. Lamb
New York Supreme Court
MOTION for a new trial, on a case containing exceptions The issue was tried at the Erie circuit in October, 1857, before Mr, Justice Smith, without a jury.
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MOTION for a new trial, on a case containing exceptions The issue was tried at the Erie circuit in October, 1857, before Mr, Justice Smith, without a jury. The action was brought on a promissory note for $1000, made by the defendant Lamb, and indorsed by the defendants Dole and Hill, payable at the Albany City Bank; forty days after date, and dated February 5, 1857. It was admitted, on the trial, that the note was discounted by the plaintiffs, at their banking house in Waterloo, and that on such discounting the plaintiffs took and received at the rate of seven per cent per annum in advance;…
1Opinion of the Court
By the Court, Davis, P. J.
The plaintiffs are a moneyed corporation, created by special charter in 1833. (Sess. Laws of 1833, ch. 58, p. 53.) The 36th section of their act of incorporation is as follows : “ The said corporation shall also be subject to the provisions contained in the act entitled ‘ An act to create a fund for the benefit of the auditors of certain moneyed corporations, and for other purposes/ passed April 2, 1829, so far as the same shall be in force at the time of passing this act.” The 33d section of the act referred to provides, that “Every moneyed corporation subject to…
2Cases cited5 opinions
- Fleckner v. President of the Bank of the United StatesSupreme Court of the United States · 1823
- Bank of the United States v. Waggener and OthersSupreme Court of the United States · 1835
- Swift v. BeersNew York Supreme Court · 1846
- Mechanics & Farmers' Bank v. SmithNew York Supreme Court · 1821
- Tylee v. YatesNew York Supreme Court · 1848
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- Sturm v. TrubyAppellate Division of the Supreme Court of the State of New York · 1935
- Best v. BauderNew York Supreme Court · 1865
- Horton v. Erie RailroadAppellate Division of the Supreme Court of the State of New York · 1901
- Horton v. Erie RailroadAppellate Division of the Supreme Court of the State of New York · 1901
- Excelsior Grain Binding Co. v. StaynerNew York Supreme Court · 1881
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