Leech v. Hill
Supreme Court of Pennsylvania
ERROR to the district court of Alleghany county. Arundel Hill against John Leech. This was an action of assumpsit in which the following facts appeared : Alexander W. Sample, who was engaged in mercantile business, being in need of money, had made application to the plaintiff for a loan. The plaintiff agreed to let him have it, provided he could get sufficient security.
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ERROR to the district court of Alleghany county. Arundel Hill against John Leech. This was an action of assumpsit in which the following facts appeared : Alexander W. Sample, who was engaged in mercantile business, being in need of money, had made application to the plaintiff for a loan. The plaintiff agreed to let him have it, provided he could get sufficient security. He mentioned the name of Leech and his mother, as persons that would probably be his security, whom the plaintiff agreed to accept. Sample then made application to the defendant, stating that he could get 1100 dollars from the…
1Opinion of the Court
The opinion of the Court was delivered by
Sergeant, J.
—When bills of exchange and promissory notes are drawn according to the established usage amongst merchants, they have certain properties by law annexed to them, which are well defined, and are presumed to be known to all that become parties to these instruments. If a note be indorsed by the payee, to whose order it is.drawn, such indorsement is an undertaking by him to pay the amount at the time appointed, if the maker do not, provided the holder tabes cave to make a demand on the maker, and to give due notice to the indorser on default of…
2Cases cited1 opinion
- Gibbs v. CannonSupreme Court of Pennsylvania · 1823
3Cited by9 opinions
- Ellis v. BrownNew York Supreme Court · 1849
- Eilbert v. FinkbeinerSupreme Court of Pennsylvania · 1871
- Shaffstall v. McDanielSupreme Court of Pennsylvania · 1893
- Firman v. BloodSupreme Court of Kansas · 1864
- Pierse v. Irvine, Stone & McCormickSupreme Court of Minnesota · 1857
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