Leete v. First National Bank

Ohio Supreme Court
Leete v. First National Bank, 29 Ohio St. 417 (Ohio 1876)

Leete v. First National Bank

Opinion of the Court

By the Court.

We see no error here. It is enough to .say that the defaulting assignee is not shown to be insolvent. We must presume that he is solvent until the contrary is ■shown. Apparently, therefore, the plaintifis have a plain remedy against him. Whether, in case of his insolvency, the sureties could maintain the action, by subrogation or -otherwise, need not now be decided.

Judgment affirmed.

Reference

Full Case Name
Ralph Leete v. The First National Bank of Ironton
Status
Published