Allenberg v. Rapken Co., Ltd.
California Court of Appeal
1Opinion of the Court
THE COURT.
An action by an assignee against the acceptor of a draft to recover the amount thereof. A judgment was entered for the plaintiff, from which the defendant appealed.
A draft for $1800 was drawn upon defendant by Caroni Products Company, a New York corporation. It was accepted by defendant on January 3, 1928, and was payable on March 10, 1928, at the Anglo & London-Paris National Bank in San Francisco. The evidence shows that the drawer, after acceptance and before maturity, indorsed the draft for value to Aetna Finance Company, a corporation. It is not claimed that the acceptance was…
2Cases cited20 opinions
- Mayers v. McRimmon.Supreme Court of North Carolina · 1906
- Popp v. Exchange BankCalifornia Supreme Court · 1922
- Goodale v. ThornCalifornia Supreme Court · 1926
- Lane Co. v. CrumTexas Commission of Appeals · 1927
- Merchants National Bank of St. Paul v. Santa Maria Sugar Co.Appellate Division of the Supreme Court of the State of New York · 1914
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3Cited by3 opinions
- Weiner v. MullaneyCalifornia Court of Appeal · 1943
- Johnston v. WolfCalifornia Court of Appeal · 1931
- Sasner v. OrnstenCalifornia Court of Appeal · 1949