Drennan v. Bunn
Illinois Supreme Court
Appeal from the Appellate Court for the Third District;—. heard in that court on appeal from the Circuit Court of McLean county; the Hon. Owen T. Beeves, Judge, presiding.
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Appeal from the Appellate Court for the Third District;—. heard in that court on appeal from the Circuit Court of McLean county; the Hon. Owen T. Beeves, Judge, presiding. B. C. Huskey, and Eva J. Huskey, his wife, made and delivered to Thomas J. Bunn two promissory notes, one for the sum of $1000, and the other for the sum of $800, each dated April 15, 1874, and payable April 15, 1880, and also twelve coupons, annexed to each note, for interest on the amounts of the respective notes, at ten per cent per annum, j>ayable semiannually; and at the same time they executed and delivered to him a…
1Opinion of the CourtJustice Scholfield
The circuit court, in effect, ruled, as a matter of law, and that ruling is affirmed by the judgment of the Appellate Court, that proof that appellee was notified of the pendency of the foreclosure suit, and of the defence of usury thereto interposed, and requested to rebut and disprove such defence, will not render the decree of foreclosure conclusive against appellee in this suit. Two questions for our consideration arise upon this ruling: First, is the vendor of negotiable bonds or notes, in the absence of express representation, and who assigns them “without recourse,” liable, on an…
2Cases cited11 opinions
- Robbins v. Chicago CitySupreme Court of the United States · 1867
- Chicago City v. RobbinsSupreme Court of the United States · 1863
- Barney v. DeweyNew York Supreme Court · 1816
- Pitkin v. LeavittSupreme Court of Vermont · 1841
- Challiss v. McCrumSupreme Court of Kansas · 1879
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3Cited by44 opinions
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- Wilson v. BrookshireIndiana Supreme Court · 1890
- Karas v. SnellIllinois Supreme Court · 1957
- Gould v. Country Mutual Casualty Co.Appellate Court of Illinois · 1962
- Feitl v. Chicago City Railway Co.Illinois Supreme Court · 1904
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