Dana v. Bank of the United States
Supreme Court of Pennsylvania
THIS case came before the court, on a motion by the plaintiff, Samuel Dana, to enter judgment against Mordecai Lewis and others, trustees in a certain deed of assignment executed by the defendants, the Bank of the United States, on the 1st of May 1841. The trustees had been made garnishees in a writ of attachment issued out of 'this court, and their answers to certain interrogatories were filed.
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THIS case came before the court, on a motion by the plaintiff, Samuel Dana, to enter judgment against Mordecai Lewis and others, trustees in a certain deed of assignment executed by the defendants, the Bank of the United States, on the 1st of May 1841. The trustees had been made garnishees in a writ of attachment issued out of 'this court, and their answers to certain interrogatories were filed. The only question involved was the validity of the assignment, which was as follows: Assignment to secure the payment of sundry post-notes, held by certain banks of the city and county of…
1Opinion of the Court
The opinion of the Court was delivered by
Kennedy, J.
The Bank of the United States having become largely indebted, even beyond its means of making payment, as is believed, to the holders of its notes and others upon engagements of a different nature, among whom were the other banks of the city and county of Philadelphia, in the aggregate sum of $5,078, 444.94, being the amount of sundry post-notes held by the latter against the former, the President, Directors and Company of the Bank of the United States, for the purpose of securing the payment thereof, with the interest due and to become due…
2Cases cited3 opinions
- Catlin v. Eagle Bank of New-HavenSupreme Court of Connecticut · 1826
- Sheerer's assignees v. LantzerheizerSupreme Court of Pennsylvania · 1837
- Commonwealth v. Trustees of the Roman Catholic SocietySupreme Court of Pennsylvania · 1821
3Cited by40 opinions
- Lyons-Thomas Hardware Co. v. Perry Stove Manufacturing Co.Texas Supreme Court · 1893
- Coats v. . DonnellNew York Court of Appeals · 1883
- Lamb v. CecilWest Virginia Supreme Court · 1884
- McLane v. Placerville & Sacramento Valley R.R.California Supreme Court · 1885
- Cameron v. ChristySupreme Court of Pennsylvania · 1926
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