Merchants National Bank v. Marden, Orth & Hastings Co.
Massachusetts Supreme Judicial Court
Four actions of contract upon promissory notes of the Carolina Coast Products Company, a corporation, payable to the defendant corporation, Harden, Orth and Hastings Company, and indorsed by it.
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Four actions of contract upon promissory notes of the Carolina Coast Products Company, a corporation, payable to the defendant corporation, Harden, Orth and Hastings Company, and indorsed by it. The first action is upon one of such notes amounting to $2,500, the second upon two of them for $2,500 and $1,250, respectively, the third upon two of them for $5,000 and $6,500, respectively, and the fourth upon one of them for $2,500. Writs in the first two actions dated December 17, 1915, in the third action dated December 6, 1915, and in the fourth action dated January 21, 1916. In the Superior…
1Opinion of the CourtBraley, J.
The promissory notes in suit, which were made by the Carolina Coast Products Company and indorsed by the defendant, although differing in amount are payable either on demand or one year after date and their execution by the maker and the indorser, and due presentment and subsequent protest, are conceded. But the answers severally aver that the defendant’s indorsement was obtained “ in reliance upon and in consequence of certain representations made . . . with respect to the earnings and liabilities of the Carolina Coast Products Company, and that, after the note had been indorsed, the same…
2Cases cited18 opinions
- Wilson v. PowersMassachusetts Supreme Judicial Court · 1881
- Loring v. BrodieMassachusetts Supreme Judicial Court · 1883
- Fillebrown v. HaywardMassachusetts Supreme Judicial Court · 1906
- National Security Bank v. CushmanMassachusetts Supreme Judicial Court · 1877
- Merchants' National Bank v. Citizens' Gas Light Co.Massachusetts Supreme Judicial Court · 1893
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3Cited by14 opinions
- Tremont Trust Co. v. NoyesMassachusetts Supreme Judicial Court · 1923
- Boston Box Co. v. ShapiroMassachusetts Supreme Judicial Court · 1924
- Universal C.I.T. Credit Corp. v. Guaranty Bank & Trust Co.District Court, D. Massachusetts · 1958
- Haller v. Workingmen's Co-operative BankMassachusetts Supreme Judicial Court · 1928
- Reynolds v. Park Trust Co.Massachusetts Supreme Judicial Court · 1923
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