Second National Bank v. Graham
Supreme Court of Pennsylvania
Appeal, No. 98, Jan. T., 1914, by defendant, from judgment of C. P. Cumberland Co., Feb. T., 1913, No. 38, on verdict for plaintiff in case of Second National Bank of Mechanicsburg y. John Graham. Assumpsit against endorser of a promissory note. Before Sadler, P. J. The opinion of the Supreme Court states the case. Verdict for plaintiff for $3,054.53 and judgment thereon. Defendant appealed.
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Appeal, No. 98, Jan. T., 1914, by defendant, from judgment of C. P. Cumberland Co., Feb. T., 1913, No. 38, on verdict for plaintiff in case of Second National Bank of Mechanicsburg y. John Graham. Assumpsit against endorser of a promissory note. Before Sadler, P. J. The opinion of the Supreme Court states the case. Verdict for plaintiff for $3,054.53 and judgment thereon. Defendant appealed. Errors assigned were in refusing to direct a verdict for the defendant and in refusing to enter judgment for the defendant non obstante veredicto.
1Opinion of the Court
Opinion by
Mr. Justice Mestrezat,
This is an action brought by the Second National Bank of Mechanicsburg, the holder, against John Graham, the last endorser, of a promissory note for $3,200 which was drawn by the American Union Telephone Company to its own order, dated April 21, 1910, and payable three months after date. With the note was deposited by the maker $10,000 of the company’s bonds as collateral security for its payment which were subsequently sold and the proceeds applied in part payment of the indebtedness.
The facts of the case, as stated by the learned trial judge in his opinion…
2Cases cited9 opinions
- McCartney ex rel. First National Bank v. KippSupreme Court of Pennsylvania · 1895
- Weakly v. Bell & SterlingSupreme Court of Pennsylvania · 1840
- Brown v. ScottSupreme Court of Pennsylvania · 1865
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- First National Bank v. PeltzSupreme Court of Pennsylvania · 1896
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3Cited by13 opinions
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