94 Pa. 489 | Pa. | 1880
delivered the opinion of the court,
The original Lykens Valley Bank, to which Bickel executed the judgment, which forms the subject of the present controversy, as collateral security for certain notes which it discounted for him, was a partnership., and of this partnership Brubaker was not only a member, but president. Prima facie, therefore, he, as agent of this association, had full power either to assign or satisfy this judgment: Dubois’s Appeal, 2 Wright 231. Harner’s judgment, in amount $3000, was entered on the 30th of August 1875, and
The decree of the court below is now reversed and vacated, at the costs of appellee, and a re-distribution is ordered according to the principles stated in the above opinion.