A. B. Klise Lumber Co. v. Enkema
Supreme Court of Minnesota
Action in the district court for Hennepin county to recover $8,955.35 upon a promissory note. The case was tried before Bardwell, J., and a jury which returned a verdict for $10,332.32. From an order denying his motion for a new trial, defendant appealed.
1Opinion of the Court
Taylor, O.
Defendant purchased several thousand acres of Michigan land from plaintiff in July, 1913, and gave a promissory note secured by a mortgage on the land for a part of the purchase price, payable on or before four years from its date. Defendant resold the land to a land company which assumed and agreed to pay the mortgage. Various payments were made within the four-year period, apparently by the land company through defendant. After the note became due, the land company made a valid agreement with plaintiff to extend the time for payment of the balance for a period of one year. The…
2Cases cited8 opinions
- Executors of Riggins v. BrownSupreme Court of Georgia · 1852
- State Bank v. Mutual Telephone Co.Supreme Court of Minnesota · 1913
- Travers v. DorrSupreme Court of Minnesota · 1895
- Lime Rock Bank v. MallettSupreme Judicial Court of Maine · 1852
- Lambert v. ShetlerSupreme Court of Iowa · 1887
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3Cited by4 opinions
- Walker v. Rednalloh Co.Massachusetts Supreme Judicial Court · 1938
- Jefferson County Bank v. EricksonSupreme Court of Minnesota · 1933
- Pacific Nat. Agr. Credit Corporation v. HagermanNew Mexico Supreme Court · 1935
- Amidon v. Traverse Land Co.Supreme Court of Minnesota · 1930