St. Vincent College v. Hallett
Court of Appeals for the Seventh Circuit
In Error from the Circuit Court of the United States for the Eastern Division of the Northern District of Illinois; George A. Carpenter, Judge. Actions by Edward L. Suffern and another, doing business as Suffern & Son, by National Copper Bank, arid by Allen P. Hallett against St. Vincent College. Judgment for plaintiff in each case, and defendant brings error.
1Opinion of the Court
MACK, Circuit Judge.
A single question is presented for adjudication in each of these cases: Is a promissory note in the hands of a holder in due course, executed in the name of an Illinois corporation organized under the general act relating to corporations not for pecuniary profit, by its president, the obligation of the corporation, if such execution was neither expressly nor impliedly (either generally or in the specific instances) authorized or ratified, either by the members or the board of directors (unless such general authority arises from the provisions of the statute, charter, or…
2Cases cited28 opinions
- Louisville, New Albany & Chicago Railway Co. v. Louisville Trust Co.Supreme Court of the United States · 1899
- The Floyd AcceptancesSupreme Court of the United States · 1869
- Parks v. Northwestern UniversityIllinois Supreme Court · 1905
- Western National Bank v. ArmstrongSupreme Court of the United States · 1894
- People's Bank v. St. Anthony's Roman Catholic ChurchNew York Court of Appeals · 1888
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3Cited by10 opinions
- Baird v. SmithCourt of Appeals for the Seventh Circuit · 1916
- Suzanne Matheny v. United StatesCourt of Appeals for the Seventh Circuit · 2006
- Benton v. Morningside CollegeSupreme Court of Iowa · 1926
- Bijur Motor Lighting Co. v. Eclipse Mach. Co.District Court, W.D. New York · 1916
- Salvatorian Mission House, Inc. v. HornCourt of Appeals of Maryland · 1956
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