Porter v. Frazer
New York Supreme Court
Action to foreclose a lien and obtain the sale of a bond and mortgage that had been assigned to the bank as collateral security for the payment of a note.
1Opinion of the CourtWard, J.
Prior to July 3, 1893, the Cataract Bank was a state bank, located at Niagara Falls, N. Y. On that day the plaintiff was appointed receiver of this bank by a judgment of this court in an action brought by the People to dissolve the corporation, and he is still such. On the 29th of March, 1893, the defendant Washington A. Frazer made his promissory note payable at the bank for the sum of $8,000, due in three months, and the defendant Jennie R. Frazer indorsed this note, for the purpose of obtaining a loan from the bank of the-amount of the note to Washington A. Frazer.
At the time of the…
2Cases cited7 opinions
- Wheeler v. . NewbouldNew York Court of Appeals · 1857
- Merchants' National Bank of Whitehall v. HallNew York Court of Appeals · 1881
- Donohoe v. GambleCalifornia Supreme Court · 1869
- Brightman v. ReevesTexas Supreme Court · 1858
- W. B. King & Co. v. T. B. & Ins.Texas Supreme Court · 1883
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