Norton v. Stroud State Bank
Supreme Court of Oklahoma
Error from ihe District Court of Payne County; before Bayard T. Rainer, Trial Judge. STATEMENT OE EAOTS. This was an action brought in the district court of Payne county, to recover ,on a certain promissory note held by the defendant in error as collateral security. The case was tried on a stipulation of facts agreed to by the parties.
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Error from ihe District Court of Payne County; before Bayard T. Rainer, Trial Judge. STATEMENT OE EAOTS. This was an action brought in the district court of Payne county, to recover ,on a certain promissory note held by the defendant in error as collateral security. The case was tried on a stipulation of facts agreed to by the parties. By the terms of said stipulation, the following facts are admitted: On the 30th day of February, 1903, M. W. Lynch entered into a rental contract with Will H. Jones, the legal guardian of Willie Davis, a minor eight years old, and a citizen of the Creek nation,…
1Opinion of the Court
Opinion of the court by
Irwin, J.:
Three grounds are urged by plaintiffs in error for a reversal of this ease: First, that defendant in error, plaintiff below, was a hona fide holder of said note in due course of trade: Second, that said note sued on was a non-negotiable note: Third, that as a matter of law, the consideration for said note totally failed, in that said rental contract or lease was absolutely void.
As to the first assignment of error, we think in this ease it is immaterial whether the defendant in error, plaintiff below, was not a Iona fide holder of said note in the due course of…
2Cases cited4 opinions
- Indian Land & Trust Co. v. ShoenfeltCourt Of Appeals Of Indian Territory · 1904
- Owings v. ThompsonIllinois Supreme Court · 1842
- Sanborn v. CreeSupreme Court of Colorado · 1876
- Findley v. RichardsonSupreme Court of Iowa · 1877
3Cited by4 opinions
- Leeker v. MarcotteArizona Supreme Court · 1932
- King v. CoombsSupreme Court of Oklahoma · 1911
- Bishop v. Prairie Oil & Gas Co.Supreme Court of Oklahoma · 1924
- Jones v. ByingtonSupreme Court of Oklahoma · 1916