Third National Bank of St. Louis v. Reichert
Missouri Court of Appeals
Appeal from St. Louis City Circuit Court. — Hon. O’Neill Ryan, Judge. (1) Under the uncontradicted evidence in the case the plaintiff was not a bona fide holder for value and before maturity of the note sued on, so as to preclude the defense of a want of consideration.
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Appeal from St. Louis City Circuit Court. — Hon. O’Neill Ryan, Judge. (1) Under the uncontradicted evidence in the case the plaintiff was not a bona fide holder for value and before maturity of the note sued on, so as to preclude the defense of a want of consideration. (2) The note sued on was transferred, i. e., both indorsed and delivered, to the plaintiff, after the maturity of the note, and the plaintiff therefore holds it subject to all defenses that could have been set up as against the trans-ferrer. Kellogg v. Schnaake, 56 Mo. 136; Lee v. Turner, 15 Mo. App. 205; Julian v. Calkins, 85…
1Opinion of the CourtGoode, J.
Action on a negotiable promissory note for $2,750, executed by the appellant to the Chem-, ical National Bank of St. Louis, on the thirteenth day of August, 1896, due six months after date and given in renewal of a previous note for the same amount on February 10, 1896. The petition avers that the instrument in suit was indorsed and delivered by the Chemical National Bank to the respondent, the Third National Bank of St. Louis, for value and before maturity, while the answer avers that the appellant received no. consideration for the note, and that, in fact, there was no consideration for it;…
2Cases cited21 opinions
- Hubbard v. MarshallWisconsin Supreme Court · 1880
- Kulenkamp v. GroffMichigan Supreme Court · 1888
- School District v. SheidleySupreme Court of Missouri · 1897
- Lindell v. RokesSupreme Court of Missouri · 1875
- Trustees of Christian University v. HoffmanMissouri Court of Appeals · 1902
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3Cited by6 opinions
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- Peoples Bank v. RankinMissouri Court of Appeals · 1926
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