Farmers State Bank v. Skellet
Supreme Court of Minnesota
Action in the district court for Ramsey county to recover $312.50 on a promissory note. The facts will be found in the opinion. The case was tried before Olin B. Lewis, J., and .a jury which returned a verdict for $356.45. From an order denying his motion for a new trial, defendant appealed.
1Opinion of the CourtDibell, J.
Action on a promissory note. There was a verdict for the plaintiff, The defendant appeals from the order denying his motion for a new trial.
*267The note dated June 14, 1918, was made by the defendant to W. H. Schafer and was indorsed by him and was purchased by the plaintiff. The defense, and there was evidence to support it, was that the note was given .as an accommodation; that it was to be used by Schafer as collateral to a loan which he was negotiating at Chicago for the promotion of a corporation in which he and the defendant and others were interested; that it was not to be used otherwise,…
2Cases cited1 opinion
- McWethy v. NorbySupreme Court of Minnesota · 1919
3Cited by8 opinions
- Silliman v. DobnerSupreme Court of Minnesota · 1925
- Grisim v. Live Stock State BankSupreme Court of Minnesota · 1926
- First National Bank v. CareySupreme Court of Minnesota · 1922
- Veigel v. JohnsonSupreme Court of Minnesota · 1925
- Midland National Bank v. Farmers Co-operative Elevator Co.Supreme Court of Minnesota · 1923
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