Troy City Bank v. Lauman
New York Court of Appeals
Appeal from the Superior Court of Buffalo. Action against the defendants as indorsers of two bills of exchange drawn upon the treasurer of the Buffalo and New York City Bail-road Company, at New York, by an agent of the same corporation at Buffalo, and by the treasurer “ accepted for and on account of the Buffalo and New York City Bailroad Company, payable at Continental Bank,'New York.”
Read the full summary
Appeal from the Superior Court of Buffalo. Action against the defendants as indorsers of two bills of exchange drawn upon the treasurer of the Buffalo and New York City Bail-road Company, at New York, by an agent of the same corporation at Buffalo, and by the treasurer “ accepted for and on account of the Buffalo and New York City Bailroad Company, payable at Continental Bank,'New York.” The drafts were severally indorsed “ Lauman, Boclcafellow and Moore,” and below this indorsement was written “ Philadephia, Pa., Harrisburgh, Pa., and Lewisburgh, Union Co., Pa.,” these places being, as was…
1Opinion of the CourtS. B. Strong, J.
The evidence advanced by the plaintiffs was supposed to warrant the inference that the defendants were general partners, and that their association was not confined to the transaction mentioned in their contract with the Attica and Hornellsville Railroad Company, dated on the 29th of November, 1850, and which, by its terms, was to end on the 1st of January, 1852, previous to the dates of the notes and drafts on which this- action was instituted. In the articles of agreement signed by them they are described as “partners under the firm of Lauman, Rockafellow & Moore.” The defendants’ counsel…
2Cases cited2 opinions
- Woodworth v. President, Directors, & Co. of the Bank of AmericaNew York Supreme Court · 1821
- Walker v. Bank of New-YorkNew York Supreme Court · 1852