Integrity Title Insurance, Trust & Safe Deposit Co. v. Rau
Supreme Court of Pennsylvania
Appeal, No. 152, July T., 1892, by plaintiff, from order of C. P. No. 3, Pbila. Co., March T., 1892, No. 993, making absolute rule to strike off judgment against defendant, John F. Rau et al. Rule to strike off judgment. From the record it appeared that judgment was entered on a warrant of attorney accompanying a bond. The bond was as follows: “ Know all men by these presents, that we, John F. Rau, Peter Rau.
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Appeal, No. 152, July T., 1892, by plaintiff, from order of C. P. No. 3, Pbila. Co., March T., 1892, No. 993, making absolute rule to strike off judgment against defendant, John F. Rau et al. Rule to strike off judgment. From the record it appeared that judgment was entered on a warrant of attorney accompanying a bond. The bond was as follows: “ Know all men by these presents, that we, John F. Rau, Peter Rau. William H. Snowden and Edwin S. Bon bright, all of the city of Philadelphia, are held and firmly bound unto The Integrity Title Insurance, Trust and Safe Deposit Company in the sum of…
1Opinion of the Court
Opinion bt
Mr. Justice Mitchell,
There is nothing on the record to justify striking off this judgment. The bond, in its first paragraph, is absolute for the payment of forty-eight hundred d ollars forthwith. Then follows the condition, that whereas certain notes are held by plaintiff, payable as set forth, now the condition is that if said notes are paid as they become due, then the obligation of the bond is to be void, with a further condition that upon default in the payment of any one of the notes all the others shall become immediately due and payable. These are the entire conditions of the…
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