Price v. People's Bank

Citations

• 236 Pa. 324
• 84 A. 790
• 1912 Pa. LEXIS 754

Syllabus

<p>Contract — Building contract — Delay — Affidavit of defense.</p> <p>In an action to recover a balance alleged to be due on a building contract, an affidavit of defense is sufficient which sets up that the building had not been completed within the contract time; that defendant was entitled to a sum stated as liquidated damages for delay as provided by the contract, and that the defendant, a bank, was prevented by the delay from beginning business and obliged to carry salaried officers whose services were nonproductive because of the lack of a building.</p>