Brobst v. Bank of Pennsylvania
Brobst v. Bank of Pennsylvania
Opinion of the Court
The opinion of the Court was delivered by
This was an action of assumpsit for money had and received, against the Bank of Pennsylvania. The summons, which issued out of the Court of Common Pleas of Berks county, was served on the cashier of the office of discount and deposit at Reading, in that county, established by the defendants under the power vested in them by their charter; and the question is whether such service is sufficient. ■
By tne 41st section of the Act of 13th June 1836, special provision is made for the service of a summons on a corporation aggregate, except where it is a county or township. The service is to be deemed sufficient, “ if made upon the president or other principal officer, or on the cashier, treasurer, secretary or chief clerk of such corporation,” in the manner before provided. The cashier of an office of discount and deposit is certainly not a cashier of the corporation within the letter of this provision. There is but one corporation, and that, by the 1st section of the Incorporating Act passed the 30th March 1793, is established at Philadelphia. A power is given to the bank, by the 15th section, to establish offices at Lancaster, York or Reading, and other places, for the purposes of discount and deposit only, and upon the same terms and in the «ame manner as is practised at the bank. But these offices are not banks, nor are they, properly speaking, branches; which is but a figurative expression. They are merely subordinate offices erected by the bank under the same section, at its own will and pleasure, the management and conduct of them being expressly directed to be intrusted to such persons, under such agreements and subject to such regulations as the bank deems proper, and subject to be annulled when they see fit. It results, then, that' there is but one bank, and that is established at Philadelphia, and that these offices of discount and deposit are merely subordinate, and may receive any shape, or act in any mode, in the exercise of their legitimate powers, which the bank chooses to designate. Other provisions of this and subsequent laws lead to the same result. By the 13th article of section 7, bills or notes issued by the corporation are such as are “ signed by the president and countersigned by the principal cashier or treasurer thereof.” In section 42 of the Act of 13th June 1836', a special provision is made for. cases where the officers of the corporation, or any of them, do not reside in the county. It provides that in such cases, in actions for damages occasioned by a trespass or injury done by
These different provisions go to show, that the corporation is to act by its own principal officers, and that the responsibilities and the rights of the corporation, in relation to legal proceedings, are thrown on them; and as they cannot avail themselves of these rights in the names of inferior officers or clerks, so, on the other hand, they cannot be legally called upon through their medium. We are therefore of opinion that there was no error in the judgment of the court below setting aside the service of the writ.
Judgment affirmed.
Reference
- Full Case Name
- Brobst against Bank of Pennsylvania
- Cited By
- 3 cases
- Status
- Published