First National Bank v. Farson
New York Court of Appeals
Appeal from a judgment of the Appellate Division of the Supreme Court in the first judicial department, entered May 22, 1917, affirming a judgment in favor of plaintiff entered upon a decision of the court at a Trial Term, a jury having been waived. The nature of the action and the facts, so far as material, are stated in the opinion.
1Opinion of the CourtCollin, J.
The plaintiff recovered a judgment in the amount of the face value of five bonds of the Eden Irrigation and Land Company, in virtue of a guaranty executed in the name, “ Farson, Son & Co.” The claim of the defendants is that the member of “ Farson, Son & Co.” who executed the guaranty, in executing it, exceeded his authority. The findings of fact of the Trial Term were unanimously affirmed by the Appellate Division.
The cardinal'-facts are: At the times involved, John Farson, Sr., and the defendant John Farson were the members of a general partnership in the name of Farson, Son & Company.…
2Cases cited27 opinions
- Irwin v. WilliarSupreme Court of the United States · 1884
- Merchants' National Bank v. Nichols & Shepard Co.Illinois Supreme Court · 1906
- Winship v. the Bank of the United StatesSupreme Court of the United States · 1831
- Smith v. . TracyNew York Court of Appeals · 1867
- Herring v. SkaggsSupreme Court of Alabama · 1878
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