Legal Opinion

Wakefield Bank v. Truesdell

New York Supreme Court

Decided June 28, 1864PublishedCited by 10 opinions

APPEAL by the plaintiff from a judgment entered upon " the report of a referee. On the 23d of February, 1855, the ‘Beaver Manufacturing Company, by its treasurer, made its promissory note for $2500, (without interest,) to the order of John Thompson, payable at the Wakefield Bank, at six months after date.

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APPEAL by the plaintiff from a judgment entered upon " the report of a referee. On the 23d of February, 1855, the ‘Beaver Manufacturing Company, by its treasurer, made its promissory note for $2500, (without interest,) to the order of John Thompson, payable at the Wakefield Bank, at six months after date. The note was indorsed by the payee; the payment was jointly and severally guarantied by the defendant and several others, and on the 28th day of February the note was discounted by the plaintiff, for the accommodation of the maker, and the proceeds placed to the credit of Thompson, who was…

1Opinion of the Court

By the Court, Foster, J.

In the view I take of this case, it is unnecessary to present an analysis of the authorities cited by the counsel; as to which there is some real and *604more seeming conflict. Those cited by the counsel for the plaintiff, holding in cases somewhat analogous to this, that the payment of interest did not extend the time of payment of the note, (Freeman’s Bank v. Rollins, 13 Maine Rep. 307. Crosby v. White, 23 id. 162. Oxford Bank v. Lewis, 8 Pick. 458. Blackstone Bank v. Hill, 10 id. 129. Agricultural Bank v. Bishop, 6 Gray, 317. 34 Maine Rep. 547; and 4 Hurlston & Norman,…

2Cases cited2 opinions

  1. Lime Rock Bank v. MallettSupreme Judicial Court of Maine · 1852
  2. Foster v. HainesSupreme Judicial Court of Maine · 1836

3Cited by10 opinions

  1. Skelly v. Bristol Savings BankSupreme Court of Connecticut · 1893
  2. First National Bank v. LivermoreSupreme Court of Kansas · 1913
  3. Bank of British Columbia v. JeffsWashington Supreme Court · 1896
  4. Bank of British Columbia v. JeffsWashington Supreme Court · 1897
  5. Batavian Bank v. McDonaldWisconsin Supreme Court · 1890

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