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Ralph Leete et al. v. The First National Bank of Ironton

Supreme Court of Ohio1876-12
29 Ohio St. 417

Authorities cited

No cited authorities resolved to law.co cases yet.

Opinion

majority opinion

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.