Wayne Title & Trust Co. v. Schuylkill Electric Railway Co.

Citations

• 191 Pa. 90
• 43 A. 135
• 1899 Pa. LEXIS 784

Syllabus

<p>Corporations—By-laws— Check—Estoppel.</p> <p>A check drawn by the treasurer of a corporation without a formal order of the directors as required by the by-laws, and indorsed by the president, is good in the hands of a person without knowledge of the by-laws, where it appears that the president had deposited in the company’s account a sum out of his own moneys sufficient to meet the check, and the company had appropriated this sum to other corporate purposes.</p>