Bright v. Mountain City Banking Co.

Schuylkill County Court of Common Pleas

Bright v. Mountain City Banking Co.

3 Pennyp. 478

CourtPennsylvania Court of Common Pleas, Schuylkill County

DecidedApril 16, 1883

DocketNo. 50

StatusPublished

This text of 3 Pennyp. 478 (Bright v. Mountain City Banking Co.) is published on Counsel Stack Legal Research, covering Pennsylvania Court of Common Pleas, Schuylkill County primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Bright v. Mountain City Banking Co., 3 Pennyp. 478 (Pa. Super. Ct. 1883).

Pincite

Opinion

— Per Curiam :

The evidence offered was rightly rejected. The claim was neither evidence of payment on the note in suit nor of set-off against it. It arose out of a separate transaction, and the claim was barred by the statute of limitations. The taking of the note by the bank was not ultra vires. The express authority given to invest its capital in notes and to purchase and hold securities in payment of the debts due it permitted this note to be taken. We discover no error in the record.

Judgment affirmed.

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— Per Curiam :

The evidence offered was rightly rejected. The claim was neither evidence of payment on the note in suit nor of set-off against it. It arose out of a separate transaction, and the claim was barred by the statute of limitations. The taking of the note by the bank was not ultra vires. The express authority given to invest its capital in notes and to purchase and hold securities in payment of the debts due it permitted this note to be taken. We discover no error in the record.

Judgment affirmed.

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Bluebook (online)

3 Pennyp. 478, Counsel Stack Legal Research, https://law.counselstack.com/opinion/bright-v-mountain-city-banking-co-pactcomplschuyl-1883.