Legal Opinion

State Trading Corp. v. Addis

Pennsylvania Court of Common Pleas, Beaver County

Decided March 23, 1939No. 22Published

1Opinion of the Court

Wilson, J.,

The above is an action in assumpsit on an alleged trade acceptance. Plaintiff has moved for judgment for want of a sufficient affidavit of defense, which was duly before the court in banc upon argument c. a. v.

The instrument upon which suit was brought contains the following provision: “The obligation of the acceptor hereof arises out of the purchase of goods from the drawer, maturity being in conformity with original terms of purchase.”

Section 3 of the Uniform Negotiable Instruments Law of May 16, 1901, P. L. 194, provides:

“An unqualified order or promise to pay is unconditional,…

2Cases cited4 opinions

  1. Westlake Mercantile Finance Corp. v. MerrittCalifornia Supreme Court · 1928
  2. Heller v. CuddySupreme Court of Minnesota · 1927
  3. International Finance Corp. v. Philadelphia Wholesale Drug Co.Supreme Court of Pennsylvania · 1933
  4. Crum v. Lane Co.Court of Appeals of Texas · 1926

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