Mechanics' Savings Bank v. Thompson
Supreme Court of Minnesota
Appeal by plaintiff, tlie Mechanics’ Savings Bank of Providence, R.I., from a judgment of the District Court of Ramsey County, John W. Willis, J., entered March 15, 1894, that it recover of defendant, Houison Thompson, one dollar. On May 1, 1890, the Standard Investment Company of St'. Paul loaned to Hans K. Helbostad $3,500 to be repaid five years thereafter with interest semiannually.
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Appeal by plaintiff, tlie Mechanics’ Savings Bank of Providence, R.I., from a judgment of the District Court of Ramsey County, John W. Willis, J., entered March 15, 1894, that it recover of defendant, Houison Thompson, one dollar. On May 1, 1890, the Standard Investment Company of St'. Paul loaned to Hans K. Helbostad $3,500 to be repaid five years thereafter with interest semiannually. The loan was secured by his note and a mortgage on lot 14 in block 28 in Mackubin & Marshall’s AdL dition in St. Paul on which Helbostad was then building a two story, frame dwelling house. To induce it to…
1Opinion of the CourtMitchell, J.
This case comes up on appeal from the judgment without either a bill of exceptions or case; and the only question is whether the judgment is justified by the findings of fact. The material facts found are that plaintiff’s assignor made a loan of $3,500, for five years, to one Helbostad, secured by mortgage on certain real estate, upon which the mortgagor was then constructing a building; that, as part of the same transaction, Helbostad, as principal, and the defendant, as surety, executed to plaintiff’s assignor a bond conditioned to pay all claims for work performed or material furnished, in…
2Cases cited2 opinions
- American Building & Loan Ass'n v. WaleenSupreme Court of Minnesota · 1892
- Barron v. MullinSupreme Court of Minnesota · 1875
3Cited by7 opinions
- The Maytag Co. v. Commissioner of TaxationSupreme Court of Minnesota · 1944
- Aetna Casualty & Surety Co. v. BrosSupreme Court of Minnesota · 1948
- Kluver v. Middlewest Grain Co.North Dakota Supreme Court · 1919
- Strimling v. Union Indemnity Co.Supreme Court of Minnesota · 1928
- Strimling v. Union Indemnity Co.Supreme Court of Minnesota · 1927
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