Louisiana State Bank v. Ellery
Louisiana State Bank v. Ellery
Opinion of the Court
delivered the opinion of the court. The defendant is sued as endorser of a promissory note. She pleaded the genpral issue. There was judgment of nonsuit in her favor, and the plaintiffs appealed.
The statement of facts shews, that the execution and endorsement of the note were admit
The power authorises Morgan “to transact the following concerns in and with the Louisiana State Bank:—to receive and sign receipts for all dividends—to vote—to deposit money in said institution, and draw checks—-to lodge promissory notes—finally, the institution is empowered to receive the attorney’s signature for the the constituant on all acceptances ol bills of exchange and endorsements of promissory notes-—lastly, she binds herself, her heirs and assigns, to all the acts of her said attorney, touching the premises.”.
The power is a special one, and cannot be extended beyond w hat is expressed in it. The plaintiffs do not allege that it was not known where the defendant resided, so that she could not be notified by the mail, &c, The power to
It is therefore ordered, adjudged and decreed. that the judgment of the district court be affirmed with costs,
Reference
- Full Case Name
- LOUISIANA STATE BANK v. ELLERY
- Status
- Published