Leahy v. McManus

OppEnheimer, J.,

delivered the opinion of the Court..This appeal is from a judgment absolving the individual appellee from personal liability on a note of the corporate appellee, on the ground that the former signed in a representative capacity.

The note, dated April 15, 1957, reads: “—Eour months after date we promise to pay to the order of A. Hamilton Leahy— One Thousand and no/100—Dollars Payable at............ Without defalcation, value received, with interest.” There follows authority to confess judgment. The note bears the stamped name of Multi-Krome Color Process, Inc. (the corporation)…