Legal Opinion
First National Bank v. Malmquist
Supreme Court of Minnesota
Decided February 8, 1924No. 23,622PublishedCited by 10 opinions
1Opinion of the CourtDibell, J.
Action on a promissory note of $10,000, dated April 5, 1921, made by the defendants Malmquist to one Orred, by him indorsed to the Green Lake State Bank of Spicer, and by that bank indorsed to the plaintiff, First National Bank of Willmar. The court directed a verdict for the plaintiff. The defendants appeal from the order denying their alternative motion for judgment or a new trial.
The Green Lake bank was a correspondent of the Willmar bank. It indorsed to the Willmar bank negotiable paper and took credit on its drawing account. Shortly before maturity the Willmar bank returned the…
2Cases cited13 opinions
- Neal v. WilsonMassachusetts Supreme Judicial Court · 1913
- Shelling State Bank v. ClasenSupreme Court of Minnesota · 1916
- Rosemond v. GrahamSupreme Court of Minnesota · 1893
- Elgin National Bank v. GoeckeIllinois Supreme Court · 1920
- First National Bank v. CareySupreme Court of Minnesota · 1922
8 more not listed; retrieve them via the Exa API.
3Cited by10 opinions
- Caballero v. Litchfield Wood-Working Co. Inc.Supreme Court of Minnesota · 1956
- Porter v. Grennan Bakeries, Inc.Supreme Court of Minnesota · 1944
- Harden Ex Rel. Harden v. Seventh Rib, Inc.Supreme Court of Minnesota · 1976
- O'Connor v. Chicago, Milwaukee, St. Paul & Pacific RailroadSupreme Court of Minnesota · 1933
- St. Paul State Bank v. Rippe Grain & Milling Co.Supreme Court of Minnesota · 1924
5 more not listed; retrieve them via the Exa API.