Spotts' Estate
Supreme Court of Pennsylvania
Appeal, No. 85, July T., 1892, by George S. Beetem, a creditor, from decree of O. O. Cumberland Co., distributing estate of Catharine Spotts, deceased. Exceptions to report of auditor distributing decedent’s estate. Before the auditor, J. M. Weakley, Esq., the administrator claimed credit for $450, under circumstances stated in the opinion of the Supreme Court.
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Appeal, No. 85, July T., 1892, by George S. Beetem, a creditor, from decree of O. O. Cumberland Co., distributing estate of Catharine Spotts, deceased. Exceptions to report of auditor distributing decedent’s estate. Before the auditor, J. M. Weakley, Esq., the administrator claimed credit for $450, under circumstances stated in the opinion of the Supreme Court. The auditor disallowed the claim. [1] The Carlisle Deposit Bank claimed payment of an accommodation note of the decedent for $1,775, indorsed by W. A. Coffey and discounted by claimant. The auditor found that Mrs. Spotts was engaged in…
1Opinion of the Court
Opinion by
Mr. Justice Mitchell,
Taking the facts as the auditor reports them they show that Mrs. Spotts had an open account with Beetem & Co. on which she was a creditor for $661.50 and a debtor for $173.61, leaving a net credit to her of $487.89. G. S. Beetem, one of the firm of Beetem & Co., was at that time indorser on her note for *284$450, and she desired him to assume the further liability of indorsing another note for $2,000. This he agreed to do in consideration of her agreement that $450 of her credit should be offset by the note for that amount which he undertook that the firm should…
2Cases cited4 opinions
- Dickson v. McGraw Bros.Supreme Court of Pennsylvania · 1892
- Adams v. GreySupreme Court of Pennsylvania · 1898
- Koechling v. Henkel, Pennsylvania Court of Common Pleas, Lancaster County1891
- Chase v. Petroleum BankSupreme Court of Pennsylvania · 1870
3Cited by16 opinions
- Dillon's EstateSupreme Court of Pennsylvania · 1920
- Newtown T. T. Co. v. Underw'd (Et Al.)Supreme Court of Pennsylvania · 1935
- Stephan v. HudockSuperior Court of Pennsylvania · 1897
- Hart, Schaffner & Marx v. KochSuperior Court of Pennsylvania · 1932
- Italo-French Produce Co. v. ThomasSuperior Court of Pennsylvania · 1906
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