Coxe v. State Bank
This text of 8 N.J.L. 211 (Coxe v. State Bank) is published on Counsel Stack Legal Research, covering Supreme Court of New Jersey primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Opinion
The Chief Justice, being one of the stockholders of the bank, gave no opinion.
As to the first application to bring these notes into court and to have satisfaction entered, we are of opinion that the notes of the bank are not cash; they cannot be tendered as cash, nor can they be brought into court as such.
As to the second application, the allowing the judgments to be set off. The great question here, to bring this case within the range of the decisions cited, is whether the demand of the party making the application is admitted. If the plaintiffs do not admit .the demand of the defendant and mean to appeal from the judgments obtained against them, time should be allowed for that purpose. The court therefore suspend their decision of this second point for the present.
At the subsequent November term, it having been stated to the court and admitted by the attorney for the bank that no appeals had been prosecuted upon the judgments obtained by the defendant, the court ordered the offsets to be made, and referred it to the clerk of the court to make the calculation, and the question of costs was reserved until the next term.
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Cite This Page — Counsel Stack
8 N.J.L. 211, Counsel Stack Legal Research, https://law.counselstack.com/opinion/coxe-v-state-bank-nj-1825.