Rosemond v. Graham
Supreme Court of Minnesota
Appeal by defendant, John Graham, from a judgment of the District Court of Ramsey County, J. J. Egan, J., entered December 21,1892, in favor of plaintiff for $79410. On October 20, 1890, defendant made and delivered to L. H. Maxfield Ms negotiable promissory note for $625 with interest, due ninety days thereafter.
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Appeal by defendant, John Graham, from a judgment of the District Court of Ramsey County, J. J. Egan, J., entered December 21,1892, in favor of plaintiff for $79410. On October 20, 1890, defendant made and delivered to L. H. Maxfield Ms negotiable promissory note for $625 with interest, due ninety days thereafter. The note was given for the purchase price of fifty shares of the stock of the Northwestern Autographic Register Company, that day sold by Maxfield to Graham at $12.50 per share. The face value of the shares was $50 each. The principal assets of the company consisted of an interest…
1Opinion of the CourtDickinson, J.
The defendant executed to one Maxfield his negotiable promissory note. The case before us shows that Maxfield was indebted to the plaintiff and two other persons, William A. and Charles M. Campbell. The debt of Maxfield being due, he indorsed the defendant’s note in blank, and before its maturity delivered it to the plaintiff, who wrote over Maxfield’s blank indorsement in the usual form a direction that payment be made to himself, the plaintiff. As such indorsee, the plaintiff prosecutes this action on the note against the maker. At the trial, upon the evidence presented by both parties, the…
2Cases cited4 opinions
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- Elmquist v. MarkoeSupreme Court of Minnesota · 1891
- Merchants' National Bank v. McNeirSupreme Court of Minnesota · 1892
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- St. Paul Gaslight Co. v. Village of SandstoneSupreme Court of Minnesota · 1898
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