Veazie v. Morse
Supreme Court of Minnesota
Appeal by plaintiff from an order of the district court for Hennepin county, Smith, J., sustaining a demurrer to the complaint.
1Opinion of the CourtMitchell, J.
Stripped of surplus verbiage, the material allegations of the complaint are as follows: The defendant being indebted to the plaintiff, the parties made a settlement whereby the plaintiff accepted, and the defendant transferred, or caused to be transferred, to him in payment of this indebtedness, several promissory notes executed by third parties, and secured by mortgages on real estate; the defendant guarantying the collection of the notes thus transferred. The makers of these notes were then, and still are, wholly insolvent, so that nothing could have been collected from them by action. The…
2Cited by4 opinions
- Nybladh v. Peoples State Bank of WarrenSupreme Court of Minnesota · 1956
- Pierce v. ClarkeSupreme Court of Minnesota · 1898
- Thomas v. RogersSupreme Court of Minnesota · 1909
- Powers Dry-Goods Co. v. HarlinSupreme Court of Minnesota · 1897