Legal Opinion

Wakonda State Bank v. Fairfield

South Dakota Supreme Court

Decided July 14, 1928No. File No. 5941PublishedCited by 7 opinions

1Opinion of the CourtBrown, J.

This is an action on a note for $4,500 signed by L. D. Fairfield, Louise Fairfield, PI. C. Fairfield, and W. H. Morrison. Morrison alone defends, and he sets up as defenses that the note was delivered 'Conditionally, was without consideration as to him, and that his signature was procured by fraudulent suppression of facts, which, had 'he known, he would not have signed the note. L. D. Fairfield was cashier of plaintiff bank, and a few days before the execution of the note in suit he had executed a note to the bank for $3,500, which appellant had signed as surety. This note was never accepted…

2Cases cited3 opinions

  1. Merchants' National Bank v. SmithMontana Supreme Court · 1921
  2. Copper Process Co. v. Chicago Bonding & Ins. Co.Court of Appeals for the Third Circuit · 1920
  3. Britton Milling Co. v. WilliamsSouth Dakota Supreme Court · 1922

3Cited by7 opinions

  1. Sumitomo Bank of Cal. v. IwasakiCalifornia Supreme Court · 1968
  2. Clifford v. West Hartford Creamery Co.Supreme Court of Vermont · 1931
  3. Estate of Onstad v. OnstadWisconsin Supreme Court · 1937
  4. Citizens State Bank v. RosenwaldSouth Dakota Supreme Court · 1934
  5. Security Holding Co. v. JohnsonSouth Dakota Supreme Court · 1930

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