Caldwell v. First National Bank of Lakefield

Action to recover damages for representing a note and mortgage bought by plaintiff as a second mortgage when in truth it was a fourth, mortgage. Plaintiff had a verdict, and defendant appeals from the order denying a new trial.

The defendant is a national hank at Lakefield, Minnesota, organized by James C. Caldwell in 1907, he being its president and so continuing until 1922. He was a half brother of plaintiff’s father. The two grew up in the same place in Wisconsin, were of about the same age, and had always been good friends until this controversy arose. Plaintiff, was an officer of the…