Ohio Supreme Court, 1876

Leete v. First National Bank

Leete v. First National Bank
Ohio Supreme Court · Decided December 15, 1876
29 Ohio St. 417

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.

Case-law data current through December 31, 2025. Source: CourtListener bulk data.