Martin v. First Nat. Bank of Geneva

Citations

• 20 Ohio C.C. Dec. 398
• 11 Ohio C.C. (n.s.) 93

Syllabus

<p>EVIDENCE — PRINCIPAL AND SURETY.</p> <p>Burrows, Laubie and Cook, JJ.</p> <p>Pabol Proof that Cashieb of Bank Aoeeed to Secure Collateral to Savb Sureties, Held Incompetent.</p> <p>Parol evidence is not admissible to show that, at the time of taking a promissory note by a bank for the payment of a loan secured by sureties,, the cashier agreed that he would secure certain bonds as collateral for the payment of the note and that the liability of the sureties should be subordinate to such collateral; neither has a cashier, in the ordinary performance of his duties, authority to make such an agreement.</p> <p>[Syllabus by the court.]</p>