Royal Bank of Liverpool v. Grand Junction Railroad
Massachusetts Supreme Judicial Court
Contract on forty-eight overdue and unpaid bonds of the defendants, a corporation under the law of Massachusetts, one half of which bonds bore numbers less than 200, and the other half numbers above 300, each bond being dated January 1,1850, acknowledging the debt of the corporation in the sum of four hundred and eighty dollars, money of the United States, or one hundred pounds sterling, money of Great Britain, and promising to pay the same in dollars or pounds sterling, to…
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Contract on forty-eight overdue and unpaid bonds of the defendants, a corporation under the law of Massachusetts, one half of which bonds bore numbers less than 200, and the other half numbers above 300, each bond being dated January 1,1850, acknowledging the debt of the corporation in the sum of four hundred and eighty dollars, money of the United States, or one hundred pounds sterling, money of Great Britain, and promising to pay the same in dollars or pounds sterling, to the holder of the bond on July 1, 1855. Each bond bore an impression of the seal of the corporation upon the paper so as…
1Opinion of the CourtFoster, J.
That the bonds declared upon were sealed instruments was settled by Hendee v. Pinkerton, 14 Allen, 381.
The corporate seal having been affixed by the printer, by the direction of the officers of the corporation; and they having adopted his act, and subsequently signed and issued the bonds ; the sealing was duly made, and the instruments became obligatory upon the corporation. This is no more nor less than constantly takes place when a scrivener prepares and affixes a seal to a deed which the grantor thereupon signs and delivers. The practice is of unquestionable validity, and the authorities…
2Cited by9 opinions
- Lynch v. BurtCourt of Appeals for the Eighth Circuit · 1904
- Costelo v. CrowellMassachusetts Supreme Judicial Court · 1883
- Third National Bank v. Eastern RailroadMassachusetts Supreme Judicial Court · 1877
- McClure v. Supreme LodgeAppellate Division of the Supreme Court of the State of New York · 1899
- Burnham v. WindramMassachusetts Supreme Judicial Court · 1895
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