Kline v. Bank of Tescott
Supreme Court of Kansas
Error from Ottawa District Court. The Bank of Tescott, a banking corporation, located in Ottawa county, in this state, brought its action against the Kanopolis Creamery Company and others, upon a promissory note, of which the following is a copy: “$950. Kanopolis, Kas., June 1, 1888. “Nine months after date, we promise to pay to the order of Western Creamery Building and Supply Company, nine hundred fifty dollars, at the Kanopolis State Bank, Kanopolis, Kas., with interest…
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Error from Ottawa District Court. The Bank of Tescott, a banking corporation, located in Ottawa county, in this state, brought its action against the Kanopolis Creamery Company and others, upon a promissory note, of which the following is a copy: “$950. Kanopolis, Kas., June 1, 1888. “Nine months after date, we promise to pay to the order of Western Creamery Building and Supply Company, nine hundred fifty dollars, at the Kanopolis State Bank, Kanopolis, Kas., with interest at the rate of twelve' per cent, per annum from date until paid. [Signed] Kanopolis Creamery Company. No. 1120. H. C.…
1Opinion of the Court
*96The opinion of the court was delivered by
Horton, C. J.:
On August 15, 1888, the discount committee of the Bank of Tescott accepted the note of the Kanopolis Creamery Company to the Western Creamery Building and Supply Company, of June 1, 1888, for $950, “as collateral.” F. F. Scidmore, F. L. Scidmore and M. B. Buell were partners, under the firm name of the Western Creamery Building and Supply Company. This company was also a stockholder in the Kanopolis Creamery Company, a corporation duly organized and existing under the laws of this state. F. L. Scidmore was a director of the Bank of…
2Cases cited6 opinions
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