Roberts v. Riddle
Supreme Court of Pennsylvania
Error to the Court of Common Pleas of Crawford county: Of October and November Term 1874, No. 158. This was an action of assumpsit, brought February 14th 1874, by William Riddle against W. B. Roberts, J. W. Humphreys and W. H. Abbott. The cause of action was a guaranty of bond issued by the city of Titusville.
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Error to the Court of Common Pleas of Crawford county: Of October and November Term 1874, No. 158. This was an action of assumpsit, brought February 14th 1874, by William Riddle against W. B. Roberts, J. W. Humphreys and W. H. Abbott. The cause of action was a guaranty of bond issued by the city of Titusville. The bond and guarantee (which was endorsed on it) were as follows:— 1,1 It is hereby certified that the city of Titusville is indebted unto William Riddle in the sum of $10,000, redeemable .at the pleasure of the city of Titusville after the 24th day of April 1872, and payable on the…
1Opinion of the Court
*470Judgment was entered in the Supreme Court, November 26th 1875,
2Per curiam
The terms of the written contract upon which the plaintiffs in error were sued in the court Relow were that they guaranteed the payment of the bond upon which it was endorsed “ according to its terms.” These terms were that it was payable at a certain day, June 23d 1872. The engagement was then to guarantee the payment of the bond “ when due.” It was determined by this court in Campbell v. Baker, 10 Wright 243, that a guaranty of the payment of a note “ when due ” is broken by nonpayment at maturity ; and the guarantor is then…
3Cited by6 opinions
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