Bissell v. First National Bank
Supreme Court of Pennsylvania
. Error to tbe Court of Common Pleas of Venango county: To October and November Term 1870, No. 43. This was an action of assumpsit, brought to April Term 1869, by The First National Rank of Franklin against George H. Rissell, James Rishop, James A. Williamson and James R. Geggie, partners as George H. Rissell & Co. The. defendants were sued as endorsers on the following protested drafts:— “$4000. _ _ “ Oil City, 17th July 1868. _ _ “ One day sight with exchange, pay to the…
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. Error to tbe Court of Common Pleas of Venango county: To October and November Term 1870, No. 43. This was an action of assumpsit, brought to April Term 1869, by The First National Rank of Franklin against George H. Rissell, James Rishop, James A. Williamson and James R. Geggie, partners as George H. Rissell & Co. The. defendants were sued as endorsers on the following protested drafts:— “$4000. _ _ “ Oil City, 17th July 1868. _ _ “ One day sight with exchange, pay to the order of George H. Rissell & Co., Four Thousand Dollars, value received, and charge the same to account of “E. W. Mercer.…
1Opinion of the Court
The opinion of the court was delivered, November 13th 1871, by
Read, J.
There is no doubt that if the two drafts in favor of George H. Bissell & Co. had been endorsed by all or any of the four defendants under the same circumstances, the firm would be liable, and this judgment would be correct; and the question is, whether the endorsement by their cashier, R. L. Irwin, should not have the same effect. The firm in June 1868 published in the Venango Spectator, a weekly newspaper in the city of Franklin, the following business card:—
“GEORGE H. BISSELL & CO.,
Bankers,
Oil City, Pa., Richard L. Irwin,…
2Cited by3 opinions
- National Bank v. SteverSupreme Court of Pennsylvania · 1895
- Executive Committee of Banks, Pennsylvania Court of Common Pleas, Harrisburg County1923
- Massey v. Bohn, Pennsylvania Court of Common Pleas, Berks County1923