73 Pa. Super. 500 | Pa. Super. Ct. | 1920
Opinion by
The plaintiff sues to recover a sum alleged to be due on a promissory note. In his statement of claim he contents himself with the simple averment of its execution by the defendant and delivery to him for value before maturity, with the further declaration that no part of the same had been paid. By way of defense, the defendant sets up a state of facts tending to prove that plaintiff was a director in a national bank, that defendant desired to borrow a sum of money larger than he would
It ought not to be necessary to more than state that reasons of the highest public policy demand the careful enforcement of such a statute. The confidence which the public should feel in the integrity and soundness of these financial institutions is an asset, of the greatest value to the banks themselves and greatly promotes the feeling of quiet security without which the transactions of the business world cannot be successfully carried on. That .confidence lives and flourishes only in the rarefied atmosphere created by such conduct of its financial affairs by its officials as to keep them above suspicion. It is true, it is not an illegal act for one person who is a di
The judgment is reversed and a venire facias de novo awarded.