Vernon v. Manhattan Co.
Court for the Trial of Impeachments and Correction of Errors
Error from the supreme court. The Manhattan Company brought an action of assumpsit in the superior court of the city of New-York, against W. Vernon, P. H. Vernon, and S. B. Vernon, on a promissory note made by the defendants, for the sum of $ 1700, dated 15th April, 1833, payable sixty days after date, to John A. Moore or order, which was endorsed by the payee, and by the firm of Hinton & Mooi;e.
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Error from the supreme court. The Manhattan Company brought an action of assumpsit in the superior court of the city of New-York, against W. Vernon, P. H. Vernon, and S. B. Vernon, on a promissory note made by the defendants, for the sum of $ 1700, dated 15th April, 1833, payable sixty days after date, to John A. Moore or order, which was endorsed by the payee, and by the firm of Hinton & Mooi;e. The defendants, on the first day of December, 1831, were partners in trade, transacting business under the name of “ William Vernon' & Co.,” and continued such partners until 28th February, 1833,…
1Opinion of the Court
After advisement the following opinions were delivered:
By the Chancellor.
It does not appear to be material to inquire whether the bank, upon the facts proved at the circuit, was a previous dealer with the firm of William Vernon & Co., so as to render an actual notice of the dissolution of the copartnership necessary, to exempt the firm from liability upon .the note subsequently made by P. H. Vernon in the name of the firm. It is true, that after a dissolution of the firm, one of the copartners is not authorized to sign the name of the firm to a negotiable security, even for a debt due from…
2Cited by28 opinions
- Austin v. . HollandNew York Court of Appeals · 1877
- Bank of Monongahela Valley v. . WestonNew York Court of Appeals · 1899
- Livingston v. HastieNew York Supreme Court · 1804
- Solomon v. KirkwoodMichigan Supreme Court · 1884
- City Bank of Brooklyn v. . McChesneyNew York Court of Appeals · 1859
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