St. Paul State Bank v. Rippe Grain & Milling Co.

Lees, C.

Appeal from an order denying plaintiff’s blended motion for judgment or a new trial of an action brought on a draft for $2,000 drawn by defendant on the Cargill Commission Company, made payable to the Emmet County Bank and indorsed by that bank to the plaintiff.

It had been defendant’s practice to issue such drafts and deposit them for credit, drawing checks against its account with the payee bank to pay for grain purchased. The draft in question was dated December 18, 1920, deposited and credited December 20 and indorsed. and mailed to the plaintiff on that day with other credit items…