Massachusetts Bonding & Life Ins. v. Fish

Citations

• 33 Ohio C.C. Dec. 190
• 18 Ohio C.C. (n.s.) 534
• 1911 Ohio Misc. LEXIS 291

Syllabus

<p>BANKS AND BANKING — BILLS AND NOTES</p> <p>Deposits of Maker of Note Held by Bank Set-Off Against Assignee of Note.</p> <p>When husband and wife are jointly indebted to a bank upon a promissory note and one of them deposits money to his own credit in the bank and it, after maturity of the note, assigns the same to another, of which assignment the makers of the note have no notice, and one of them continues to make deposits in the bank which later become insolvent, upon suit being brought upon the note, the deposits made in the bank both before and after the assignment of the note may be set off against the amount due thereon.</p>