Loudon Savings Fund Society v. Hagerstown Savings Bank
Supreme Court of Pennsylvania
Error, to the Common Pleas of- FranJclin county. This, was an action of assumpsit by The Hagerstown Savings Bank against William McGrath, and forty-two other persons, doing business in the name of the Loudon Savings Fund Society, on a certificate of deposit, of which the following is a copy: — ■ “No. 451. Loudon Savings Fund Society.
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Error, to the Common Pleas of- FranJclin county. This, was an action of assumpsit by The Hagerstown Savings Bank against William McGrath, and forty-two other persons, doing business in the name of the Loudon Savings Fund Society, on a certificate of deposit, of which the following is a copy: — ■ “No. 451. Loudon Savings Fund Society. “ Loudon, January 1st 1857. “ H. Easton has deposited in this office, five thousand dollars, and payable to his order, six months after date, with interest at ' the rate of six per cent., in currency, on the return of this certificate. “ $5000. “ H. Easton,…
1Opinion of the Court
The opinion of the court was delivered by
Woodward, J.
The Hagerstown Savings Bank brought this action of assumpsit against William McGrath and his numerous co-defendants, as partners trading and doing business under the name and style of the Loudon Savings Fund Society. The first count in the plaintiff’s narr. is founded upon a “certain writing obligatory, commonly called a certificate of deposit, for the sum of five thousand dollars, signed by H. Easton, treasurer of said Loudon Savings Fund Society (who had full power conferred upon him to do such act), and then .and there delivered said…
2Cases cited2 opinions
- Winship v. the Bank of the United StatesSupreme Court of the United States · 1831
- Peries v. AycinenaSupreme Court of Pennsylvania · 1841
3Cited by13 opinions
- Langenheim v. Anschutz-Bradberry Co.Superior Court of Pennsylvania · 1896
- Forrest v. Safety Banking & Trust Co.U.S. Circuit Court for the District of Eastern Pennsylvania · 1909
- Jackson v. Fort Pitt Hotel, Inc.Superior Court of Pennsylvania · 1947
- Massachusetts Bonding & Insurance v. Bankers' Surety Co.Indiana Court of Appeals · 1932
- Park v. Kansas City Southern Railway Co.Superior Court of Pennsylvania · 1914
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