Legal Opinion

Guaranty Securities Co. v. Exchange State Bank

Supreme Court of Minnesota

Decided January 14, 1921No. 22,001PublishedCited by 3 opinions

Action in the district court for Hennepin county to recover a balance of $819 upon a contract. The facts are stated at the beginning of the opinion. The case was tried before Jelley, J., who made findings and ordered judgment in favor of defendant. From an order denying its motion to amend the findings and conclusions and for a new trial, plaintiff appealed.

1Opinion of the Court

Tayror, C.

On January 8, 1917, two instruments, designated in the record as Exhibits A and B, were executed at the same time and as parts of one transaction by the defendant as one party and the Budget Cheque Corporation of Chicago as the other party.

By Exhibit A, which was in the form of an order by defendant accepted by the Budget Company, defendant contracted to purchase one' thousand “budget cheque books” at $1.03 each and a few other supplies at specified prices, and to pay $12é thirty days after shipment of the goods and $117 each month thereafter until the full purchase price was paid.…

2Cases cited19 opinions

  1. Dimond v. ManheimSupreme Court of Minnesota · 1895
  2. Pence v. ArbuckleSupreme Court of Minnesota · 1876
  3. White v. MillerSupreme Court of Minnesota · 1893
  4. Bolles v. SachsSupreme Court of Minnesota · 1887
  5. Minneapolis Threshing Machine Co. v. DavisSupreme Court of Minnesota · 1889

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3Cited by3 opinions

  1. Ganley Brothers, Inc. v. Butler Brothers Bldg. Co.Supreme Court of Minnesota · 1927
  2. Malas v. LounsburyWisconsin Supreme Court · 1927
  3. Neutson v. KemperSupreme Court of Minnesota · 1927

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