First N. Bank v. Fiske
Pennsylvania Court of Common Pleas, Philadelphia County
No. 61 July Term 1889, Sup. Ct.; court below, No. 19 March Term 1889, C. P. On February 4, 1889, the First National Bank of Butte, Montana, brought assumpsit against Louis S. Fiske and Frank H. Kean, copartners, trading with John Dobson, special partner, as Louis S. Fiske & Co. The plaintiff filed a statement of claim for a recovery of damages for the refusal of the defendants to honor certain drafts drawn upon them by one James R. Reid, and discounted by the plaintiffs…
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No. 61 July Term 1889, Sup. Ct.; court below, No. 19 March Term 1889, C. P. On February 4, 1889, the First National Bank of Butte, Montana, brought assumpsit against Louis S. Fiske and Frank H. Kean, copartners, trading with John Dobson, special partner, as Louis S. Fiske & Co. The plaintiff filed a statement of claim for a recovery of damages for the refusal of the defendants to honor certain drafts drawn upon them by one James R. Reid, and discounted by the plaintiffs under the engagements of a letter written by the defendants to the plaintiffs, set out in the syllabus. The averments of the…
1Opinion of the Court
Opinion,
Mr. Justice McCollum :
The defendants were engaged in the business of receiving and selling wool on commission in the city of Philadelphia, and James R. Reid was a shipper of wool, doing business at Butte, Montana. On May 23, 1887, the defendants wrote to the plaintiff as follows: “We expect to have some business with Mr. James R. Reid when the wool season opens, in which *244case we will honor his drafts with bill lading attached.” On August 12, 1887, the plaintiff cashed Reid’s draft on the defendants for $4,007.80, with bill of lading attached for 22,285 lbs. of wool, shipped by Reid to…
2Cases cited1 opinion
- Hursh v. North, Chase & NorthSupreme Court of Pennsylvania · 1861
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