Freittenberg v. Rubel
Supreme Court of Iowa
Appeal from Pocahontas District Court.- — TIon. W. B. Quarton, Judge. Action at law upon two promissory notes. Defense, failure of consideration. Trial to a jury. Directed verdict for defendant, and plaintiff appeals.
1Opinion of the Court
Deemer, C. J.-
Tbe action is upon two notes, for tbe sum of $345 each, given by defendant -to one L. Payne on August 17, 1897; one maturing November 1, 1898, and the other IVIarch 1, 1899. On the back of each were the following indorsements: “This note given for rent on the farm for 1898.” “August 16th, 1898, without recourse. L. Payne.” Among other things, defendant pleaded failure of consideration, and that plaintiff was not a good-faith purchaser of the notes before maturity. The' notes were given for rent for the year 1898 of a farm in Illinois belonging to Payne. Defendant did not occupy…
2Cases cited4 opinions
- Vallett v. ParkerNew York Supreme Court · 1831
- Smith v. LivingstonMassachusetts Supreme Judicial Court · 1873
- National Revere Bank v. MorseMassachusetts Supreme Judicial Court · 1895
- First National Bank v. GetzSupreme Court of Iowa · 1895
3Cited by1 opinion
- City Deposit Bank v. GreenSupreme Court of Iowa · 1906