Legal Opinion

Vilas National Bank v. Strait

Supreme Court of Vermont

Decided January 15, 1886PublishedCited by 1 opinion

Heard on a referee’s report, April Term, 1885, Royce, Ch. J., presiding. Judgment for the defendant. The referee found: The action is based upon two notes owned by the plaintiff. One Delaney was engaged in the business of running a grist ..mill, buying and selling flour, feed, etc., at Swanton, Yt. The plaintiff bank is located at Plattsburgh, N. Y., and S. E. Yilas was its president, and owned a large majority of its stock.

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Heard on a referee’s report, April Term, 1885, Royce, Ch. J., presiding. Judgment for the defendant. The referee found: The action is based upon two notes owned by the plaintiff. One Delaney was engaged in the business of running a grist ..mill, buying and selling flour, feed, etc., at Swanton, Yt. The plaintiff bank is located at Plattsburgh, N. Y., and S. E. Yilas was its president, and owned a large majority of its stock. J. H. Yilas, a son of S. F. Yilas, resided at Swanton and assisted said Delaney in the management of his business by keeping his books, etc. In the years 1878 and 1879…

1Opinion of the Court

The opinion of the court was delivered by

Veazey, J.

Passing from the defendant’s offer of evidence to the evidence itself and the finding of the referee, it will be noted that the arrangement between Vilas, Delaney, and Strait was not to change the place of payment of the notes from the place designated on their face, but simply to provide a convenient agency for sending the money to the bank, where the notes were payable, to *451pay them there. The language is “that when the notes became clue, he, Strait, could send the money for the payment of the same to Delaney at Swanton, said Delaney could…

2Cases cited3 opinions

  1. Kimball v. Estate of BaxterSupreme Court of Vermont · 1854
  2. Darby v. First National BankSupreme Court of Vermont · 1885
  3. Fuller v. AdamsSupreme Court of Vermont · 1872

3Cited by1 opinion

  1. Van Dyke v. Grand Trunk Railway Co.Supreme Court of Vermont · 1911

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