Hoffman v. Anderson
Court of Appeals of Kentucky
Case 107 — Action by the Assignee foe a Settlement of the Assigned Estate. — APPEAL FROM CAMPBELL CIRCUIT COURT. Judgment for Defendants, Anderson and Phillips upon Cross Petition Filed against Them by Hoffman and Hoffman Appeals. Thos. B. Youtsey was cashier of the First National Bank of Newport, Ky., appellee Phillips was a clerk in the bank and appellee Anderson was a friend if not a business associate of Youtsey.
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Case 107 — Action by the Assignee foe a Settlement of the Assigned Estate. — APPEAL FROM CAMPBELL CIRCUIT COURT. Judgment for Defendants, Anderson and Phillips upon Cross Petition Filed against Them by Hoffman and Hoffman Appeals. Thos. B. Youtsey was cashier of the First National Bank of Newport, Ky., appellee Phillips was a clerk in the bank and appellee Anderson was a friend if not a business associate of Youtsey. Both of them were assisting Youtsey in floating paper ■"'¿cured by collateral in the shape of stock of the bank. Ea-A of them executed his separate note payable to themselves,…
1Opinion of the Court
Opinion op the court by
JUDGE GUPPY —
Reversing.
Thomas B. Youtsey was cashier of the First National Bank of Newport, the appellee Phillips was a clerk in the bank, and appellee Anderson was a.friend of said Youtsey. Both of them were assisting Youtsey in floating papers secured by collateral in the shape of stock of said bank. Each of them executed his separate note, payable to himself, respectively, and sold the notes to brokers in Cincinnati, Ohio, the notes having attached to them the collaterals aforesaid. The appellant, Hoffman, purchased both of the notes. While he was the owner of the…
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