Beals v. Mayher
Massachusetts Supreme Judicial Court
Bill in EQUITY, filed in the Superior Court, by the indorser of certain promissory notes made by the Haydenville Manufactoring Company and held by the First National Bank of Northampton, the First National Bank of Easthampton, and the First National Bank of Westfield, against John Mayher and George N. Robinson, assignees of the Haydenville Manufacturing Company under an assignment for the benefit of its creditors, and the said corporation, and to which the three banks were…
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Bill in EQUITY, filed in the Superior Court, by the indorser of certain promissory notes made by the Haydenville Manufactoring Company and held by the First National Bank of Northampton, the First National Bank of Easthampton, and the First National Bank of Westfield, against John Mayher and George N. Robinson, assignees of the Haydenville Manufacturing Company under an assignment for the benefit of its creditors, and the said corporation, and to which the three banks were made parties defendant, to obtain payment of the plaintiff’s alleged proportionate share of the fund in the hands of the…
1Opinion of the CourtLoring, J.
Prior to May 12, 1897, the Haydenville Manufacturing Company was indebted to the First National Bank of Northampton, to the First National Bank of Easthampton, and to the First National Bank of Westfield, on certain promissory notes signed by it and indorsed by the plaintiff for its accommodation. On that day the manufacturing company made an assignment to the defendants Mayher and Robinson for the benefit of its creditors. On December 12,1897, the three banks received from the plaintiff thirty per cent of the amount due on the notes, and released the plaintiff from his liability as indorser.…
2Cases cited9 opinions
- Thayer v. DanielsMassachusetts Supreme Judicial Court · 1872
- National Mount Wollaston Bank v. PorterMassachusetts Supreme Judicial Court · 1877
- In re SoutherDistrict Court, D. Massachusetts · 1874
- In re EllerhorstDistrict Court, D. California · 1871
- Beran v. Tradesmen's National BankNew York Court of Appeals · 1893
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3Cited by2 opinions
- Burnes v. New Mineral Fertilizer Co.Massachusetts Supreme Judicial Court · 1914
- Hale v. LeatherbeeMassachusetts Supreme Judicial Court · 1900