Legal Opinion
Simon v. Peoples Bank & Trust Co.
Supreme Court of New Jersey
Decided May 14, 1936PublishedCited by 4 opinions
1Opinion of the Court
The opinion of the court was delivered by
Bodine, J.
The plaintiff was the holder of the note of Robert H. Simon endorsed by I. Frucht, payable at the Peoples Bank and Trust Company of Passaic. Before maturity, she left the note with the Hamilton Trust Company of Paterson for collection. The proofs reveal no special contract. In the usual course of business, it sent the note to the Federal Reserve Bank which forwarded it to the Passaic bank. The note was duly presented for payment by that bank, and notice of dishonor was mailed, addressed to each party liable thereon, in care of the Hamilton…
2Cases cited4 opinions
- Mumford v. CoghlinMassachusetts Supreme Judicial Court · 1924
- Gleason v. ThayerSupreme Court of Connecticut · 1913
- Phipps v. President of the Millbury BankMassachusetts Supreme Judicial Court · 1844
- Farmers National Bank v. Peoples National BankSupreme Court of Pennsylvania · 1919
3Cited by4 opinions
- Transamerica Insurance v. Valley National BankCourt of Appeals of Arizona · 1969
- John Wills, Inc. v. Citizens Nat. Bank of NetcongSupreme Court of New Jersey · 1940
- Commercial Union Ins. v. BERT THOMAS-AITKEN & C.New Jersey Superior Court Appellate Division · 1965
- Commercial Union Insurance v. Burt Thomas-Aitken Construction Co.Supreme Court of New Jersey · 1967