· 11/8/1889

Penn Bank v. Farmers D. N. Bank

Citations

130 Pa. 209
20 A. 150
1889 Pa. LEXIS 1175

Syllabus

<p>A bank obtaining commercial paper as indorsee, whether for collection, or as owner, before an assignment by the maker for the benefit of creditors, may set off the amount thereof in a suit brought by the assignee to recover the maker’s balance on deposit.</p>

Judges: Clark, Collum, Mitchell, Paxson, Pee, Sterrett, Williams

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