Mechanics & Traders Bank v. Seitz Bros.
Supreme Court of Pennsylvania
Appeal, No. 134, July T., 1891, by plaintiff, from judgment of C. P. Northampton Co., Oct. T., 1890, No. 41, on verdict for defendants. Assumpsit against makers of promissory note. The facts appear by the opinion of the Supreme Court. Plaintiff offered the note and rested.
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Appeal, No. 134, July T., 1891, by plaintiff, from judgment of C. P. Northampton Co., Oct. T., 1890, No. 41, on verdict for defendants. Assumpsit against makers of promissory note. The facts appear by the opinion of the Supreme Court. Plaintiff offered the note and rested. Defendant then offered to prove by depositions of the cashier of plaintiff bank, that the note in suit was paid, and that the present suit was brought in consequence of an arrangement between Hayes as indorser, and himself, that the suit should be brought by the bank. Objected to, that it does not show that the note was…
1Opinion of the Court
Opinion by
Me. Justice Williams,
The defendants are brewers in the city of Easton. In February, 1890, they bought from the New Process Ice and Refrigerating Co. a refrigerating machine for use in their business. In the following June they gave in part payment for the machine their negotiable note for fifteen hundred dollars, payable at the First National Bank of Easton at ninety days. The company transferred this note, a day or two after it was given, to its president, J. J. Hayes, in consideration of his payment of bills, then maturing, to an amount equal to or greater than the note. He soon…
2Cases cited2 opinions
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