Catasauqua National Bank v. Miller

Citations

• 60 Pa. Super. 220
• 1915 Pa. Super. LEXIS 172

Syllabus

<p>Promissory notes — Innocent purchaser — Fraud—Evidence-Banks and hanking.</p> <p>In an action by a bank.against the maker, of a promissory note discounted by the bank before maturity, where the defendant shows that the note was procured from him by the payee without any consideration and by the use of false and fraudulent representations^ but it is shown without contradiction by the testimony of the bank’s cashier and of several of the members of its finance committee that neither the bank nor any of its officers had any knowledge of the fraud before the note was discounted, and it also appears that the defendant himself had no knowledge of the fraud until after the discount of the note, the trial court commits no error in entering judgment for plaintiff non obstante veredicto.''</p>