S. A. Gerrard Co. v. Tradesmen's National Bank & Trust Co.

Opinion by

Mr. Chief Justice Frazer,

Plaintiff sued in assumpsit to recover the sum of $4,000, with interest, from defendant. The learned trial judge directed a verdict for defendant, and from the overruling of plaintiff’s motion for judgment n. o. v. plaintiff appeals.

In connection with the receipt of produce from a California concern, plaintiff, a distributor of fruits and vegetables, with its principal place of business in the City of Philadelphia, was required to obtain a line of credit with the U. S. Bank and Trust Company of Philadelphia, whereby the latter agreed to honor the shipper’s…