Higgins v. Ridgway
New York Supreme Court
Appeal from circuit court, New York county. Action by Francis Higgins, as receiver-of the North River Bank, in the city of New York, against James J. Ridgway, on a promissory note. From a judgment entered on a verdict in favor of defendant, and from an order denying a motion for a new trial, made on the minutes, plaintiff appeals. Affirmed.
1Opinion of the CourtFollett, J.
This action was begun February 23, 1893, to recover on a promissory note made and indorsed by the defendant October 31,1890, whereby, for value received, he promised to pay to his own order $14,250, three months after date, at the North River Bank, in this city. The defense interposed is that the note was made and indorsed for the accommodation of the bank, and upon the agreement of its president that the defendant should not be held liable thereon. At the time the note was made, the defendant was-a clerk of Paige, Carey & Co. Mr. Paige, the senior partner, was a director of the North River…
2Cases cited1 opinion
- Garfield National Bank v. ColwellNew York Supreme Court · 1890
3Cited by5 opinions
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- Farmers State Bank & Trust Co. v. ParrAppellate Court of Illinois · 1924