Fritch v. Citizens' Bank

Citations

• 202 Pa. 287
• 51 A. 892
• 1902 Pa. LEXIS 507

Syllabus

<p>Statute of frauds — Evidence—Judgment.</p> <p>Where a bank asks from two of its debtors a judgment note as security for the payment of notes discounted, or which might thereafter be discounted, and they agree to give it if the bank will permit them to include in the note the amount of a debt which they owe to another person, and the bank agrees to this, and the note is drawn to the bank for the increased sum, the bank cannot be held liable to the other creditor, for the full amount of his claim, if it does not collect enough to pay its own. All that the bank agreed to do was to give the other creditor the same advantage it would have itself.</p>