Legal Opinion

City National Bank of Auburn v. Mason

Supreme Court of Iowa

Decided January 10, 1922PublishedCited by 21 opinions

Appeal from Hardin District Court. — H. E. FRY, Judge. Aotion at law by plaintiff as a holder in due course on a promissory note executed by defendants. Defendants plead fraud in the inception of the note. Verdict of jury finding for the defendants and judgment for costs entered against plaintiff. Plaintiff appeals.

1Opinion of the CourtDe Graff, J.

i feaud- acts con-statement oflse intention. Plaintiff predicates its right to recover against defendants on a promissory note for $522.16 executed by them to the De Soto Motor Car Gompany, which note was, as alleged, thereafter and before maturity for value s0^ ^o without any knowledge or notice on £]ie paxt 0f plaintiff of claimed defenses. The note bears date August 12, 1913, matured January 1, 1914, and was given for stock to be issued to the makers upon the incorporation of the payee company.

Two defenses are pleaded by defendants: (1) Fraud in the inception of the note. (2) That said…

2Cases cited8 opinions

  1. McNight v. ParsonsSupreme Court of Iowa · 1907
  2. Estate of Philpott v. PhilpottSupreme Court of Iowa · 1915
  3. Iowa National Bank v. CarterSupreme Court of Iowa · 1909
  4. City Deposit Bank v. GreenSupreme Court of Iowa · 1908
  5. Robertson v. U. S. Live Stock Co.Supreme Court of Iowa · 1914

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

3Cited by21 opinions

  1. Cameron, SEC. of B. v. P. Bk. of MaytownSupreme Court of Pennsylvania · 1929
  2. Commercial Savings Bank v. KietgesSupreme Court of Iowa · 1928
  3. First National Bank of Montour v. BrownSupreme Court of Iowa · 1924
  4. First National Bank v. DuttonSupreme Court of Iowa · 1925
  5. Hartford National Bank & Trust Co. v. CredenzaSupreme Court of Connecticut · 1935

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

Showing a preview — retrieve the full document via the Exa API.

Powered by the Exa API