Baker, Fentress & Co. v. Young
Court of Appeals for the Seventh Circuit
1Opinion of the Court
ALSCHULEE, Circuit Judge.
The action was on a note given to appellant, dated October 25, 1927, for $48,-188.28,. dúe in ninety days, signed by Vancouver Lumber Company, Keith, Kirby, and appellee. The suit was against appellee only, who, with Keith and Kirby, owned the corporate maker.
Two defenses were interposed: (a) That the note was given for an advance to bo made by appellant under agreement that the note would be delivered only on condition that appellant would purchase certain maturing *54interest coupons upon a large bond issue of the corporate maker, which had been'obtained and marketed…
2Cases cited12 opinions
- United States Mutual Accident Ass'n v. BarrySupreme Court of the United States · 1889
- Barrett v. Virginian Railway Co.Supreme Court of the United States · 1919
- Grand Trunk Western Ry. Co. v. LindsayCourt of Appeals for the Seventh Circuit · 1912
- Spokane & I. E. R. Co. v. CampbellCourt of Appeals for the Ninth Circuit · 1914
- Spies v. Union Pac. R.Court of Appeals for the Eighth Circuit · 1918
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3Cited by4 opinions
- Employers Mut. Casualty Co. v. JohnsonCourt of Appeals for the Fifth Circuit · 1953
- Nelson v. DevneyCourt of Appeals for the Seventh Circuit · 1939
- Sonnenblick-Goldman Corp., a New York Corporation v. George J. MurphyCourt of Appeals for the Seventh Circuit · 1970
- Young v. Baker, Fentress & Co.Court of Appeals for the Seventh Circuit · 1934