Pope v. Hanke
Illinois Supreme Court
Appeal from the Appellate Court for the Fourth District;—heard in that court on appeal from the Circuit Court of Clinton county; the Hon. A. S. Wilderman, Judge, presiding.
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Appeal from the Appellate Court for the Fourth District;—heard in that court on appeal from the Circuit Court of Clinton county; the Hon. A. S. Wilderman, Judge, presiding. This is an action upon three notes, amounting in the aggregate to $8881.53, all dated “St. Louis, Mo., Oct. 1, 1890,” signed by appellee, payable to the order of D. P. Grier Grain Company at “St. Louis, Mo.,” in 2, 4 and 6 months after date respectively, with interest at seven per cent per annum, and indorsed by the payee therein. Besides the counts upon the notes, the declaration contains the common counts. The pleas are…
1Opinion of the CourtJustice Magruder
The judgment of the Appellate Court, affirming the judgment of the Circuit Court, is conclusive upon the issues of fact tendered by the pleadings. The transactions between the D. P. Grier Grain Company and the appellee were mere speculations upon the future prices of grain. The contracts for the delivery and sale of the grain in the future were not made with the intention that any grain should be received or delivered, but with the understanding that each transaction should be settled by the payment of the difference between the contract price and the market price at the time fixed. It is…
2Cases cited17 opinions
- Irwin v. WilliarSupreme Court of the United States · 1884
- Vallett v. ParkerNew York Supreme Court · 1831
- Crawford v. SpencerSupreme Court of Missouri · 1887
- Schneider v. TurnerIllinois Supreme Court · 1889
- Pearce v. FooteIllinois Supreme Court · 1885
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3Cited by57 opinions
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- Champagnie v. WE O'Neil Construction Co.Appellate Court of Illinois · 1979
- Oakes v. Chicago Fire Brick Co.Illinois Supreme Court · 1944
- Field v. Eastern Building & Loan Ass'nSupreme Court of Iowa · 1902
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