Union Stock Yards National Bank v. Bolan
Idaho Supreme Court
APPEAL from the District Court of the Seventh. Judicial District, Washington County. Hon. Frank J. Smith, Judge. Action by the plaintiff on a promissory note. Judgment-for the plaintiff and defendant moved for a new trial, and thereupon appealed from the judgment and order denying his motion. By the act relating to negotiable instruments, Sess.
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APPEAL from the District Court of the Seventh. Judicial District, Washington County. Hon. Frank J. Smith, Judge. Action by the plaintiff on a promissory note. Judgment-for the plaintiff and defendant moved for a new trial, and thereupon appealed from the judgment and order denying his motion. By the act relating to negotiable instruments, Sess. Laws 1903, p. 380, sec. 1, an instrument to be negotiable “Must be paid on demand or at a fixed or determinable future» time. ” In said act there is nothing to qualify this requirement in a-, negotiable instrument, and it is but the codification of the…
1Opinion of the CourtAilshie, C. J.
This action was commenced by the respondent as the indorsee of a promissory note made and executed by the appellant-in the following form:
$900.00 No. 0187.
“Cambridge, Idaho, May 8,1903.
“Six months after date, for value received, I, we, or either ■;of us jointly and severally promise to pay to the order of Uinta Hereford Cattle Company the sum of nine hundred dollars, with interest at the rate of ten per centum per annum from date until paid.
“Payable at the office of the People’s Bank, Salubria, .'Idaho.. “Should this note be collected by suit, ten per cent shall .be allowed holder as attorney…
2Cases cited10 opinions
- Valley Lumber & Manufacturing Co. v. DriesselIdaho Supreme Court · 1907
- Katz v. HerrickIdaho Supreme Court · 1906
- Glidden v. HenryIndiana Supreme Court · 1885
- Valley Lumber & Manufacturing Co. v. NickersonIdaho Supreme Court · 1907
- Second National Bank v. WheelerMichigan Supreme Court · 1889
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3Cited by14 opinions
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- Anaheim National Bank v. DolphCalifornia Supreme Court · 1927
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