Legal Opinion

Burnham Loan & Investment Co. v. Sethman

Supreme Court of Colorado

Decided February 4, 1918No. 8781PublishedCited by 7 opinions

Error to Denver District Court, Hon. James H. Teller, Judge.

1Opinion of the CourtGarrigues, J.

Statement.

Plaintiff below, The Burnham Loan & Investment Company, plaintiff in error, brought this (suit, as pledgee^ against George H. Sethman, on his promissory note for *191$10,002.00, given to the German-American Indemnity Company, in payment for stock, and negotiated and delivered to plaintiff, by one S. N. Mitchell, as collateral security to his note for $3,000.00. The trial court found that plaintiff was not a holder in due course, basing its finding upon a lack of diligent inquiry amounting to bad faith, in accepting the note, and rendered judgment in favor of defendant.

Plaintiff’s…

2Cases cited10 opinions

  1. Fillebrown v. HaywardMassachusetts Supreme Judicial Court · 1906
  2. Merchants' Bank v. McClellandSupreme Court of Colorado · 1886
  3. Doe v. Northwestern Coal & Transportation Co.U.S. Circuit Court for the District of Oregon · 1896
  4. Tourtelotte v. BrownColorado Court of Appeals · 1892
  5. Coors v. German Nat. BankSupreme Court of Colorado · 1890

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3Cited by7 opinions

  1. Myers v. LashleySupreme Court of Oklahoma · 2002
  2. Hess v. Iowa Bankers Mortgage Co.Supreme Court of Iowa · 1924
  3. Hukill v. McGinnisSupreme Court of Colorado · 1921
  4. Italian American Bank v. CarosellaSupreme Court of Colorado · 1927
  5. State Bank v. Iowa-Des Moines National Bank & Trust Co.Supreme Court of Iowa · 1937

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