Lien v. Sioux Falls Savings Bank
South Dakota Supreme Court
Appeal from circuit court, Minnehaha county. Hon. Joseph W. Jones, Judge. Action by B. H. Lien against the Sioux Falls Savings Bank, for conversion of certain personal property. Judgment for plaintiff. Defendant appeals. The facts are stated in the opinion.
1Opinion of the CourtFuller, P. J.
Briefly stated, the following facts were relied upon as a defense to a complaint alleging the conver*318sion of a secured note or contract for the payment of $2,500, and certain bank stock of the value of $2,200: On the 9th day of November, 1896, this plaintiff and two other persons became sureties for the payment of a $4,000 note executed that day by John Sunback, as principal, to the defendant herein, and secured by the deposit of the note and bank stock above mentioned, of which collateral sai d Sunback was at the time the legal holder. This note not having been paid, the defendant herein…
2Cited by3 opinions
- Park v. RobinsonSouth Dakota Supreme Court · 1902
- Sioux Falls Saving Bank v. LienSouth Dakota Supreme Court · 1901
- Kirby v. CrispSouth Dakota Supreme Court · 1901