Public-domain · open source
OpenJurist

7 Ohio N.P. 424

Stasel v. Daugherty

Licking County Court of Common Pleas

Decided January 15, 1907

Licking County Court of Common Pleas · decided 1907-01-15

<p>SET-OFF ON CLAIM OF INSOLVENT BANK.</p> <p>Banks and Banking — Receiver—Set-off—Promissory Note — Rights of Depositor.</p> <p>The maker of a promissory note held hy the receiver of an insolvent bank has no right to set off a deposit in the bank standing in his name as executor.</p>

Decided 1907-01-15

Seward, J.

¶1(orally).

¶2This case is submitted to the court upon the pleadings and the evidence. I might say that there is,, substantially, an agreed statement of facts in the case.

¶3This is a suit brought by Stasel, as receiver, v. Daugherty to recover on a promissory note. Daugherty files an answer setting up what is claimed to be a set-off, he having been a depositor in the bank of which Stasel is receiver. That deposit is in the name of Daugherty, as executor of Hickey.

¶4The question is whether Daugherty has a right to set off this claim which he has' against the bank as executor.

¶5The court does not think he has, and there may be a judgment for the plaintiff. Motion for new trial overruled.

/7/ohionp/424 · .json · Public domain