David Risley, Respondent v. the Phenix Bank of the City of New York, Appellant

Summary

The Court affirmed the judgment, holding that a verbal promise to pay a check does not create a cause of action, that an oral assignment of a portion of a debt is valid when supported by consideration, and that the record of confiscation proceedings was not a permissible defense because the acts did not divest the plaintiff's prior title and the district court lacked jurisdiction over corporate property.