Legal Opinion

Des Moines National Bank v. Warren County Bank

Supreme Court of Iowa

Decided February 4, 1896PublishedCited by 14 opinions

Appeal from Warren District Court. — Hon. J. H. Apple-gate, Judge. Action in equity to recover from defendant, John Cheshire, the amount due on a promissory note made by him, and to foreclose alien claimed by the plaintiff on thirty shares of the capital stock of the defendant, the Warren County Bank, pledged to secure the payment of the note. There was a hearing on the merits, and a decree for the plaintiff. The Warren County Bank appeals.

1Opinion of the CourtRobinson, J.

The plaintiff is a corporation duly organized under the laws of the United States, as a national bank. The Warren County Bank is a corporation organized and doing business as a bank, under the laws of this state. In December, 1891, John Cheshire borrowed of the plaintiff the sum of three thousand dollars. The loan was renewed from time to time until July, 1892, when it was again renewed, and the note in suit, for the sum of three thousand dollars, was given. To secure the payment of this loan, Cheshire transferred to the plaintiff a certificate of which the following is a copy: “No. 72. Share…

2Cases cited11 opinions

  1. Brinkerhoff-Farris Trust & Savings Co. v. Home Lumber Co.Supreme Court of Missouri · 1893
  2. Stevenson v. PolkSupreme Court of Iowa · 1887
  3. Jennings v. Bank of CaliforniaCalifornia Supreme Court · 1889
  4. Courtright v. DeedsSupreme Court of Iowa · 1873
  5. Hammond v. HastingsSupreme Court of the United States · 1890

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3Cited by14 opinions

  1. Boardman v. Marshalltown Grocery Co.Supreme Court of Iowa · 1898
  2. Dempster Manufacturing Co. v. DownsSupreme Court of Iowa · 1904
  3. Mason v. Mallard Telephone Co.Supreme Court of Iowa · 1932
  4. Elson v. Security State Bank of AllertonSupreme Court of Iowa · 1954
  5. Fee v. National Masonic Accident Ass'nSupreme Court of Iowa · 1900

9 more not listed; retrieve them via the Exa API.

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