Naef v. Potter
Appellate Court of Illinois
Bill for accounting. Appeal from the Circuit Court of Cook County; the Hon. Oscar E. Heard, Judge, presiding. Heard in this court at the March term, 1905,
1Opinion of the CourtJustice Ball
It appears from, the evidence that appellee through her agent, William S. Potivin, made a loan of $2,200, represented by the principal note in this case, to Charles Eascher about the time of the date of the note, and that the $6,500 note signed by Otto Naef and secured to be paid by a trust deed from Haef and his Wife to Fred Whitfield, trustee, ■were then taken as collateral security. That at the time she made this loan upon the faith of the collaterals appellee did not know that the $6,500 note was accommodation paper, or'that its use was in any way restricted.
Otto Haef in bis answer admits…
2Cases cited13 opinions
- Swift v. TysonSupreme Court of the United States · 1842
- Railroad Co. v. National BankSupreme Court of the United States · 1880
- Olds v. CummingsIllinois Supreme Court · 1863
- Brown v. MottNew York Supreme Court · 1811
- Burgett v. OsborneIllinois Supreme Court · 1898
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