Bradwell v. Pryor
Illinois Supreme Court
Appeal from the Branch Appellate Court for the First District;—heard in that court on appeal from the Superior Court of Cook county; the Hon. M. Kavanagh, Judge, presiding. In July, 1902, S. R. Chamberlain and Gordon C. Blair were vessel agents and vessel brokers in the city of Chicago.
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Appeal from the Branch Appellate Court for the First District;—heard in that court on appeal from the Superior Court of Cook county; the Hon. M. Kavanagh, Judge, presiding. In July, 1902, S. R. Chamberlain and Gordon C. Blair were vessel agents and vessel brokers in the city of Chicago. The Chamberlain Transportation Company, of which the former was president and the latter secretary, was the owner of the steamer Worthington and two schooner barges, the Wilbur and Bliss, which were used as tow barges or consorts of the steamer, the whole fleet being employed in the lumber trade between…
1Opinion of the CourtJustice Wilkin
It is first insisted that the Appellate Court committed error in holding that where a party is about to receive a bill or note, and there are such suspicious circumstances accompanying the transaction or within the knowledge of the party as would induce a prudent man to inquire into the title of the holder or into the consideration of the paper, he is bound to make such inquiry, and if he neglects to do so he holds the bill or note subject to any equities which may exist between the previous parties. The above holding of the Appellate Court is based on the cases of Russell v. Hadduck, 3 Gilm.…
2Cases cited2 opinions
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- Kerner v. KinseyIllinois Supreme Court · 1943
- Mutual Investment Co. v. WildmanAppellate Court of Illinois · 1913
- Corn Belt Bank v. FormanAppellate Court of Illinois · 1932
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