Ansley v. Bank of Piedmont
Supreme Court of Alabama
Action upon Promissory Notes given for the Purchase of Land. Appeal from the City Court of Anniston. This action was brought by the appellee against the appellant, to recover an amount due upon four promissory notes, which were executed by the defendant. The defendant filed many pleas.
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Action upon Promissory Notes given for the Purchase of Land. Appeal from the City Court of Anniston. This action was brought by the appellee against the appellant, to recover an amount due upon four promissory notes, which were executed by the defendant. The defendant filed many pleas. The 2d, 4th and 6th were as follows: “2. For further answer to plaintiff’s com: plaint defendant saith, that he did not make or execute the notes, which are the-basis of this action, at the time alleged in the complaint, hut lie made said notes on or about the 5th day of February, 1890, and not on the 6th day…
1Opinion of the CourtColeman, J.
The suit is by the Bank of Piedmont, against the appellant, upon certain promissory notes executed by him in part payment of the purchase price of town lots sold by the Piedmont Land & Improvement Company at speculative prices and in anticipation of further advances, and which notes were assigned by the vendor to plaintiff after maturity. According to the pleas of the defendant, the present and real value of the lots did not exceed fifty dollars 'per lot, but their supposed prospective value at the time of the purchase exceeded five hundred dollars per lot. The defendant purchased at…
2Cases cited18 opinions
- Brigham & Co. v. CarlisleSupreme Court of Alabama · 1884
- Nelson v. Shelby Manufacturing & Improvement Co.Supreme Court of Alabama · 1893
- Pollock & Co. v. GanttSupreme Court of Alabama · 1881
- Grisham v. BodmanSupreme Court of Alabama · 1895
- Sherman Center Town Co. v. LeonardSupreme Court of Kansas · 1891
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3Cited by33 opinions
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- Peacock Hotel, Inc. v. ShipmanSupreme Court of Florida · 1931
- J. C. Lysle Milling Co. v. North Alabama Grocery Co.Supreme Court of Alabama · 1917
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