Legal Opinion

Peoples Bank and Trust Company v. Feldman

Pennsylvania Court of Common Pleas, Philadelphia County

Decided September 21, 1926No. 546Published

1Opinion of the Court

Lewis, J.,

This is a rule for judgment for want of a sufficient affidavit of defence. The action is upon a promissory note made by a corporation of which the defendant is president, and which was endorsed by the defendant individually. The affidavit of defence sets up that no notice of dishonor was given to the defendant as endorser, and that he is, therefore, discharged from liability.

In the present state of the record the rule must be discharged. Under section 89 of the Negotiable Instruments Law (Act of May 16, 1901, P. L. 194), notice of dishonor must be given to each endorser or else he…

2Cases cited14 opinions

  1. Hull v. MyersSupreme Court of Georgia · 1893
  2. Case v. McKinnisOregon Supreme Court · 1923
  3. Houser v. . FayssouxSupreme Court of North Carolina · 1914
  4. First National Bank v. BickelCourt of Appeals of Kentucky · 1911
  5. J. W. O'Bannon Co. v. CurranAppellate Division of the Supreme Court of the State of New York · 1908

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