Reeves v. Letts
Missouri Court of Appeals
Error to Buchanan Circuit Court. — Hon. Henry M. Ramey, Judge. (1) Under the facts, it is impossible for plaintiffs to be innocent holders, of the note in suit, for the reason, that they received it from an insolvent corporation organized under foreign laws.
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Error to Buchanan Circuit Court. — Hon. Henry M. Ramey, Judge. (1) Under the facts, it is impossible for plaintiffs to be innocent holders, of the note in suit, for the reason, that they received it from an insolvent corporation organized under foreign laws. The note was made and delivered in this state, and plaintiffs made no inquiry as to laws of this State relating to the validity of such, a note; made no inquiry as to whether or not, the corporation from whom they received the note, had complied with the laws of this State. Leavitt v. Taylor, 168 Mo. 159; Hahn v. Bradley, 92 Mo. App. 399;…
1Opinion of the CourtJohnson, J.
This action was brought before a justice of the peace by the indorsees of a negotiable promissory note. The answer admits the execution of the note but alleges that it was procured by fraud practiced on defendant, the maker, by the payee. A trial in the justice court resulted in a victory for defendant, who was given a verdict against plaintiffs on a counterclaim he filed with his answer. Plaintiffs appealed and *198a trial in the circuit court ended in a directed verdict for them. Defendant then brought the case here on a writ of error.
The note was dated July 22, 1905, and was payable to the…
2Cases cited8 opinions
- Hamilton v. MarksSupreme Court of Missouri · 1876
- Jennings v. ToddSupreme Court of Missouri · 1893
- Borgess Investment Co. v. VetteSupreme Court of Missouri · 1898
- Mayes v. RobinsonSupreme Court of Missouri · 1887
- Johnson v. McMurrySupreme Court of Missouri · 1880
3 more not listed; retrieve them via the Exa API.
3Cited by7 opinions
- Downs v. HortonSupreme Court of Missouri · 1921
- Jones v. WettlinWyoming Supreme Court · 1928
- Hill v. DillonMissouri Court of Appeals · 1913
- State Bank v. Cape Girardeau & Chester RailroadMissouri Court of Appeals · 1913
- First Nat. Bank & Trust Co. v. HeilmanCourt of Appeals for the Tenth Circuit · 1932
2 more not listed; retrieve them via the Exa API.