Legal Opinion

Bank of the Northern Liberties v. Cresson

Supreme Court of Pennsylvania

Decided April 4, 1825PublishedCited by 7 opinions

The Bank of the Northern Liberties brought an action of debt in this court against James Cresson, the defendant, upon a joint and several bond given to the bank, by the said James Ct'esson find Frederick Feering, for six thousand dollars, conditioned, that Benjamin Williams, during the time he should hold the office of first book keeper, should execute the duties thereof with integrity and fidelity, and faithfully perform and fulfil the trusts thereby reposed in him.

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The Bank of the Northern Liberties brought an action of debt in this court against James Cresson, the defendant, upon a joint and several bond given to the bank, by the said James Ct'esson find Frederick Feering, for six thousand dollars, conditioned, that Benjamin Williams, during the time he should hold the office of first book keeper, should execute the duties thereof with integrity and fidelity, and faithfully perform and fulfil the trusts thereby reposed in him. The defendant put in seven pleas; on the first four of which issue ■was joined to the country. To the last three, the…

1Opinion of the Court

The opinion of the court was delivered by

DukcaN. J.

This is an action of debt, on the bond of James Cresson and Frederick Foering to the Bank of the Northern Liberties, as securities of Benjamin Williams, first book keeper of the bank.

There are several pleas on which issues have been joined to the country. To the sixth plea, which alleges that the bond was taken by the bank, under colour and pretence of an act of assembly of the 21st of March, 1814, for regulating banks, and that the bond is not in conformity to the act nor the by-law of the corporation, inasmuch as Benjamin Williams was not a…

2Cases cited1 opinion

  1. Fleckner v. President of the Bank of the United StatesSupreme Court of the United States · 1823

3Cited by7 opinions

  1. City of Bridgeport v. Housatonuc RailroadSupreme Court of Connecticut · 1843
  2. In re the election of Directors of the Mohawk & Hudson RailroadNew York Supreme Court · 1838
  3. Speck v. CommonwealthSupreme Court of Pennsylvania · 1842
  4. Robins v. EmbryMississippi Chancery Courts · 1843
  5. Long v. LaufmanSupreme Court of Pennsylvania · 1828

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