Commercial Bank v. Maguire
Supreme Court of Minnesota
Appeal by plaintiff from an order of the district court for Lac qui Parle county, Powers, J., denying a motion for judgment notwithstanding the verdict or for a new trial.
1Opinion of the CourtLovely, J.
Plaintiff seeks to recover upon a negotiable promissory note for $100, which it claims to have purchased before maturity, in the usual course of business. The defenses were: First, no considera-’ tion, with knowledge of its worthlessness; second, that there had been material alterations of the instrument before the transfer. The cause was tried to a jury, with verdict for defendant. This appeal is from an order denying a new trial.
The evidence is clear and ample that there was no consideration for the note, but it is claimed that there was a failure to show that plaintiff was not a bona fide…
2Cases cited4 opinions
- Carroll v. Minnesota Valley RailroadSupreme Court of Minnesota · 1869
- Hall v. HaleSupreme Court of Connecticut · 1831
- Board of County Commissioners v. GreenleafSupreme Court of Minnesota · 1900
- Stein v. RheinstromSupreme Court of Minnesota · 1891
3Cited by1 opinion
- Waltham State Bank v. TuttleSupreme Court of Minnesota · 1924