Stillwell v. Craig
Supreme Court of Missouri
Error to Hannibal Court of Common Pleas. I. The note sued upon possesses all the requisites of a negotiable promissory note, viz: 1st. Certainty as to the payee ; it is payable to the order of the treasurer of the company. 2d. Certainty as to the payer; the defendants are to make the payment. 3d. Certainty of amount; the actual amount here is stated in the note as $800, payable in instalments. 4th.
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Error to Hannibal Court of Common Pleas. I. The note sued upon possesses all the requisites of a negotiable promissory note, viz: 1st. Certainty as to the payee ; it is payable to the order of the treasurer of the company. 2d. Certainty as to the payer; the defendants are to make the payment. 3d. Certainty of amount; the actual amount here is stated in the note as $800, payable in instalments. 4th. Certainty as to time of payment; this is also fixed thirty days after notice of call or demand of each instalment. (Clayton vs. Gosling, 5 B. and C,. 360; 1 Par. N. and B., p. 39, § 4; Cota vs.…
1Opinion of the CourtLewis, Judge
Suit was instituted in the Hannibal Court of Common Pleas on a note for $800, given by the defendants Craig, Garth and Gilkey to defendant, The State Insurance Company of Missouri, and by the latter indorsed and delivered for value to the plaintiff. The note was expressed to be “for value received in certificate of stock No. 650, for 10 shares of the capital stock of the said State Insurance Company of the ■State of Missouri,” and payable to the order of the Treasurer “in instalments not to exceed ten per cent, on each share at thirty days notice of call from the Board of Directors.”
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2Cases cited2 opinions
- President of the Goshen & Minisink Turnpike Road v. HurtinNew York Supreme Court · 1812
- Washington County Mutual Ins. v. MillerSupreme Court of Vermont · 1853
3Cited by7 opinions
- State Ex Rel. Columbia National Bank v. DavisSupreme Court of Missouri · 1926
- City National Bank v. Goodloe-McClelland Commission Co.Missouri Court of Appeals · 1902
- Sykes v. Citizens' National BankSupreme Court of Kansas · 1908
- R. S. Howard Co. v. International BankMissouri Court of Appeals · 1918
- First National Bank v. SkeenMissouri Court of Appeals · 1888
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