Legal Opinion

Shrewsbury Savings Institution's Appeal

Supreme Court of Pennsylvania

Decided June 19, 1880PublishedCited by 2 opinions

Appeal from the Court of Common Pleas of Yorh county: Of May Term 1880, No. 79. Appeal of the Shrewsbury Savings Institution from the decree of the court distributing the proceeds of the sheriff’s sale of the real estate of Henry Seitz.

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Appeal from the Court of Common Pleas of Yorh county: Of May Term 1880, No. 79. Appeal of the Shrewsbury Savings Institution from the decree of the court distributing the proceeds of the sheriff’s sale of the real estate of Henry Seitz. The fund arising from the sale was referred to an auditor, John W. Bittinger, Esq., who reported the facts substantially as follows: That on the 19th of June 1875, Henry Seitz was indebted to the Shrewsbury Savings Institution in an amount which was represented by notes and indorsements; that on the same day he executed a judgment-note to said institution for…

1Opinion of the CourtJustice Paxson

It is conceded the judgment held by the appellant against Henry Seitz, No. 553, April Term 1875, was given as collateral security. In the condition of the bond it is expressed to be “ as collateral security for sundry notes given or drawn by the said Henry Seitz, or endorsed by him, or by said Samuel. Seitz & Co., and held by aforesaid Shrewsbury Savings Institution.” The note for $700, which is the subject of the present contention, was not in existence at the time the judgment was given, but the auditor finds that it is a renewal of other notes held by the Savings Institution, appellant, at…

2Cases cited4 opinions

  1. Lessee of Heister v. FortnerSupreme Court of Pennsylvania · 1809
  2. Weakly v. Bell & SterlingSupreme Court of Pennsylvania · 1840
  3. Hacker v. PerkinsSupreme Court of Pennsylvania · 1840
  4. Lessee of Wilson v. RhoadesSupreme Court of Pennsylvania · 1804

3Cited by2 opinions

  1. Lessee of Wilson v. RhoadesSupreme Court of Pennsylvania · 1804
  2. Ross v. EyreSupreme Court of Pennsylvania · 1918

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