Thorp v. Craig
Supreme Court of Iowa
Appeal from Eenry District Court. James Craig was sued as the drawer and B. C. Hoffman as the indorser of three certain bills of exchange, drawn at Mount Pleasant, Iowa, and upon the Continental Bank of New York. The plaintiffs were the indorsees and holders of the bills at maturity. The drawee refused to accept or pay the bills thus drawn, at maturity, and the plaintiffs by this action proceeded to recover from the defendants as the maker and the indorser.
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Appeal from Eenry District Court. James Craig was sued as the drawer and B. C. Hoffman as the indorser of three certain bills of exchange, drawn at Mount Pleasant, Iowa, and upon the Continental Bank of New York. The plaintiffs were the indorsees and holders of the bills at maturity. The drawee refused to accept or pay the bills thus drawn, at maturity, and the plaintiffs by this action proceeded to recover from the defendants as the maker and the indorser. Judgment was rendered against the defendants from which Craig appeals. The questions presented by appellant are stated in the opinion of…
1Opinion of the CourtBaldwin, J.
The bills of exchange sued on were payable ninety days after date, acceptance waived. Upon the day of maturity, without grace, the several bills were properly presented and payment demanded, whereupon they were protested for non-acceptance and for non-payment. Upon the trial in the District Court the plaintiffs, to support their cause of action, introduced in evidence the three bills of exchange, the protest of the notary who presented the same for payment, and also an authenticated copy of the act of the legislature of the State of New York in reference to days of grace and commercial paper,…
2Cited by4 opinions
- Huse v. HamblinSupreme Court of Iowa · 1870
- Second National Bank v. CurrenSupreme Court of Iowa · 1873
- Davis v. MillerSupreme Court of Iowa · 1893
- Chatham Bank v. AllisonSupreme Court of Iowa · 1863