Strelitz v. First Wisconsin National Bank of Milwaukee

The following opinion was filed January 7, 1936:

Fairchild, J.

The appeal comes on the ruling of the trial court that Gertrude Strelitz was entitled to be subro-gated to the former rights of the appellant in the note and mortgage. The pleadings and the stipulation together with the testimony taken at the trial give us undisputed facts, and leaves for determination only the question of the right of respondent to subrogation. The controlling fact is that the respondent was indebted to the appellant on her note of $15,000. Under the Negotiable Instruments Law, regardless of the inducement which…