Legal Opinion

American Finance Corp. v. Spurgin

Supreme Court of Oklahoma

Decided October 4, 1938No. 28207PublishedCited by 3 opinions

1Opinion of the CourtRiley, J.

This is an appeal from a judgment for the defendant in an action brought by plaintiff in error on a promissory note.

The note in question is for the sum of $325'. It is made payable to the order of the Flag Company, Inc. (an Oklahoma corporation), and bears date of November 11, 1930. On the back thereof it was indorsed: “The Flag Co., Incorporated (Oklahoma) Perrine Bldg., Oklahoma City, by H. B. Macalpine, Pres.”

Plaintiff in its petition alleged:

“That the Flag Company, Incorporated, for a good, valuable and sufficient consideration, before the maturity of same, indorsed said note in writing…

2Cases cited5 opinions

  1. Bentley v. Zelma Oil Co.Supreme Court of Oklahoma · 1919
  2. Black v. ParishoSupreme Court of Oklahoma · 1931
  3. Loomis v. ColeSupreme Court of Oklahoma · 1926
  4. Sharp v. DunlapSupreme Court of Oklahoma · 1936
  5. Farmers National Bank v. DewSupreme Court of Oklahoma · 1927

3Cited by3 opinions

  1. Miller v. MillerSupreme Court of Oklahoma · 1940
  2. Bank of Hawaii v. CharHawaii Supreme Court · 1959
  3. C. L. McMahon Jr. v. Caribbean Mills, Inc., a Haitian CorporationCourt of Appeals for the Tenth Circuit · 1964

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