Siemans & Halske Electric Co. of America v. Ten Broek
Missouri Court of Appeals
Appeal from St. Louis City Circuit Court. — How. Selden P. Spencer, Judge. A renewal note is a renewal of the contract under which the original note was given. It is subject to the same defenses and is protected by the same rules, as the original. Coming v. Leedy, 114 Mo. 454; Hunt y.
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Appeal from St. Louis City Circuit Court. — How. Selden P. Spencer, Judge. A renewal note is a renewal of the contract under which the original note was given. It is subject to the same defenses and is protected by the same rules, as the original. Coming v. Leedy, 114 Mo. 454; Hunt y. Rumsey, 83 Mich. 136; Bank v. Plankington, 27 "Wis. 177; Bank v. Orchard, 39 Neb. 485; Schutt v. Evans, 109 Pa. 625. Whatever may be the law in other States, the law has been well settled in this State for sixty years that where a person other than the payee puts his name on the hack of a note, his liability is…
1Opinion of the CourtBland, P. J.
— In the spring of 1899, the Holland Building Company, a corporation, was insolvent and in the hands of a receiver. The appellant was its president. In settlement of a part of plaintiff’s claims the Holland Building Company, by its president, executed to plaintiff four promissory notes of $100 each.- Each of the notes were, before delivery, indorsed on the back by appellant and L. C. Spooner. Two of the notes were paid by the Holland Building Company. The' other two notes were protested for non-payment, and notice thereof duly given to the appellant and Mr. Spooner. Subsequently one of these…
2Cases cited6 opinions
- Leabo v. GoodeSupreme Court of Missouri · 1877
- Reyburn v. MitchellSupreme Court of Missouri · 1891
- Appleton v. KennonSupreme Court of Missouri · 1854
- Lewis & Bros. v. Harvey & StewartSupreme Court of Missouri · 1853
- Cahn v. DuttonSupreme Court of Missouri · 1875
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