Legal Opinion
Pioneer Const. Co. v. First State Bank
Supreme Court of Oklahoma
Decided November 16, 1915No. 5841PublishedCited by 8 opinions
Error from Superior Court Oklahoma County; Edward Dewes Oldfield, Judge. Action by the First State Bank against the Pioneer Construction Company and another. Judgment for plaintiff, and defendants bring error.
1Opinion of the Court
Opinion by
RITTENHOUSE, C.
On October 23, 1908, the Pioneer Construction Company and N. S. Sherman made, executed, and delivered their certain promissory note for $500 to the First State Bank of Oklahoma City, which note contained the following clause:
“The indorsers, guarantors, and assignors severally waive presentment for payment, protest, and notice of protest for nonpayment of this note, and all defense on the ground of any extension of time of its payment that may be given by tbe bolder or holders, them or either of them, or to the makers thereof.”
Under this clause the bank made several…
2Cases cited2 opinions
- In Re Appeal of McNealSupreme Court of Oklahoma · 1912
- Winnebago County State Bank v. HustelSupreme Court of Iowa · 1903
3Cited by8 opinions
- State Ex Inf. Atty-Gen. v. Long-Bell Lumber Co.Supreme Court of Missouri · 1928
- Schreiner v. City Nat. Bank of McAlesterSupreme Court of Oklahoma · 1919
- State Ex Rel. Crown Coach Co. v. Public Service CommissionMissouri Court of Appeals · 1944
- Gregg v. Oklahoma State Bank of AdaSupreme Court of Oklahoma · 1919
- Cravens v. First State Bank of SeminoleSupreme Court of Oklahoma · 1960
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