Yardley v. Clothier
Court of Appeals for the Third Circuit
In Error to the Circuit Court of the United States for the Eastern District of Pennsylvania. Action by Robert M. Yardley, receiver of the Keystone National Bank, against George W. Clothier, as the indorser of three promissory notes. The circuit court held that defendant was entitled to set off against the notes the amount of his deposits in the bank at the time of its failure, and entered judgment for defendant, as provided in the case stated. 49 Fed.
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In Error to the Circuit Court of the United States for the Eastern District of Pennsylvania. Action by Robert M. Yardley, receiver of the Keystone National Bank, against George W. Clothier, as the indorser of three promissory notes. The circuit court held that defendant was entitled to set off against the notes the amount of his deposits in the bank at the time of its failure, and entered judgment for defendant, as provided in the case stated. 49 Fed. Rep. 337. Plaintiff brings error.
1Opinion of the Court
Wales, District Judge.
The case stated shows that these were actions brought by Robert M. Yardley, receiver of'the Keystone National Bank, against George W. Clothier, as the indorser of three promissory notes of the aggregate amount of $390, which had been discounted by the bank for the defendant before the date of its insolvency, but did not mature until thereafter, and were duly protested for nonpayment. On and before the day the bank was closed by the examiner it was indebted to the defendant, on his account as depositor, in the sum of $1,127.96, which still remains unpaid, and the…
2Cases cited3 opinions
- Skiles v. HoustonSupreme Court of Pennsylvania · 1885
- Stephens v. SchuchmannMissouri Court of Appeals · 1888
- Bruyn v. Receiver of the Middle District BankNew York Court of Chancery · 1829
3Cited by20 opinions
- Stadler v. First National BankMontana Supreme Court · 1899
- Upham v. BramwellOregon Supreme Court · 1922
- Thompson v. Union Trust Co.Michigan Supreme Court · 1902
- Williams v. RoseDistrict Court, D. New Jersey · 1914
- Williams v. JohnsonMontana Supreme Court · 1914
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