Legal Opinion

First National Bank v. McCartan

Supreme Court of Iowa

Decided April 5, 1927PublishedCited by 6 opinions

1Opinion of the CourtKindig, J.

A rehearing was granted in this'cause. Consequently, this is the second opinion. For the first decision, see 213 N. W. 408.

There is no doubt that J. H. McCartan (now deceased) and R. B. McCartan°were accommodation makers of -the note. The facts and circumstances' are:

Two banks, the First National and the McCartan State, both of Pocahontas, were operated as associate concerns. One ~C. B. McCartan, his mother, Ella, and brother, Theodore, owned much of the stock of each. C. B. McCartan was cashier of the latter institution. Those makers of the note above named were the uncles of C. B. Perhaps…

2Cases cited30 opinions

  1. McNeil v. . the Tenth National BankNew York Court of Appeals · 1871
  2. Angle v. North-Western Mutual Life InsuranceSupreme Court of the United States · 1876
  3. People's Trust Co. v. . SmithNew York Court of Appeals · 1915
  4. Benton County Savings Bank of Norway v. BoddickerSupreme Court of Iowa · 1898
  5. Scollans v. RollinsMassachusetts Supreme Judicial Court · 1901

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3Cited by6 opinions

  1. Hale v. Montana-Dakota Utilities Co.Court of Appeals for the Eighth Circuit · 1951
  2. People's Finance & Thrift Co. v. Shaw-Leahy Co.California Supreme Court · 1931
  3. Simmons v. SimmonsSupreme Court of Iowa · 1933
  4. Townsend v. AdamsSupreme Court of Iowa · 1929
  5. Furst &8212 McNess Co. v. KiellySupreme Court of Iowa · 1943

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