Security Holding Co. v. Christensen
South Dakota Supreme Court
1Opinion of the CourtBrown, J.
On October 22, 1919, at Viborg, S. D., defendant executed two promissory notes for $6,250 each, payable to the order of Midland Packing Company, and due on or before October 22, 1920. The notes were delivered to- J. M. Spellings, an agent for the sale of -stock in Midland Packing Company, who on the same day took them to Beresford, S. D., and discounted them to Security State Bank of Beresford. With each note he delivered to the president of the bank, with whom the transaction was had, a paper slip reading as follows:
“October 22, 1919.
“To any Bank or Banker:
“You are at liberty to purchase my…
2Cases cited19 opinions
- Liverpool & Great Western Steam Co. v. Phenix InsuranceSupreme Court of the United States · 1889
- Pritchard v. NortonSupreme Court of the United States · 1882
- Scudder v. Union National BankSupreme Court of the United States · 1875
- Tilden v. BlairSupreme Court of the United States · 1875
- Gaston, Williams & Wigmore of Canada, Ltd. v. WarnerSupreme Court of the United States · 1922
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3Cited by6 opinions
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- Security Holding Co. v. JohnsonSouth Dakota Supreme Court · 1930
- State Bank v. WeeksSouth Dakota Supreme Court · 1928
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