Strang v. MacArthur

Citations

• 212 Pa. 477
• 61 A. 1015
• 1905 Pa. LEXIS 643

Syllabus

<p>Promissory notes—Non-megotiable paper—Estoppel—Banks and hanking— Discount.</p> <p>Where a non-negotiable note or order is presented to a bank for discount, and the bank on making inquiry of the maker receives such an answer as induces it to discount the paper, the maker cannot subsequently deny liability on the note, and it is immaterial that the bank gave no notice of the discount.</p>