(DOWNLOAD) "Railroad Company v. National Bank" by United States Supreme Court ~ eBook PDF Kindle ePub Free
eBook details
- Title: Railroad Company v. National Bank
- Author : United States Supreme Court
- Release Date : January 01, 1880
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 92 KB
Description
Mr. William Dorsheimer for the plaintiff in error. The matter is res judicata, for there was a determination, by the Supreme Court of New York, upon the same subject-matter in a controversy between the same parties or their privies. It is true that the defendants there were not the makers of the note. Although makers and indorsers may have independent interests, yet they, in this instance, are privies. The note never had any valid inception. The making and indorsing were alike without consideration. Neither the maker nor the indorsers could incur any liability on the note, except such as might arise from the unauthorized action of Hutchinson & Ingersoll in pledging it to the bank.
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