Newbold v. Boon
Superior Court of Pennsylvania
Appeal, No. 17, Oct. T., 1897, by plaintiff, from judgment of C. P. Delaware Co., Dec. T., 1894, No. 12, on verdict for defendants. Assumpsit on promissory note for f800. Before Brégy, of the first judicial district, specially presiding. The facts sufficiently appear in the opinion of the court. Verdict and judgment for defendants. Plaintiff appealed. Error assigned was directing the jury to find a verdict for defendants.
1Opinion of the Court
Opinion by
Orlady, J.,
The defendants were liable as accommodation indorsers on a note of $900, which was made by Harry H. Black, and held by the plaintiff, a banker. This note became due on January 31, 1893, and the indorsers continued their liability by waiving protest of the paper on the day on which it matured. On the same day, Black offered to the plaintiff, his note for $800, which was marked (to renew the $900) at two months, and with the same persons as accommodation indorsers, but, by reason of the nonpayment of the difference between the two notes, the $800 note was refused by the…
2Cases cited7 opinions
- Mechanics & Traders Bank v. Seitz Bros.Supreme Court of Pennsylvania · 1892
- Bower v. HastingsSupreme Court of Pennsylvania · 1860
- Hart v. United States Trust Co.Supreme Court of Pennsylvania · 1888
- Hughes v. LargeSupreme Court of Pennsylvania · 1845
- Long v. RhawnSupreme Court of Pennsylvania · 1874
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