Christian University v. Jordan
Supreme Court of Missouri
Appeal from Hannibal Court of Common Pleas. This was a suit by the “ Trustees of the Christian University” to recover certain instalments alleged to be due said University under a contract entered into by defendant, August, 1854. The defendant admitted the execution of the obligation sued upon, but pleaded that the plaintiff, by its officers and agents, had violated the act, approved December 8, 1855, to prevent illegal banking, &c., by passing and receiving, within the…
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Appeal from Hannibal Court of Common Pleas. This was a suit by the “ Trustees of the Christian University” to recover certain instalments alleged to be due said University under a contract entered into by defendant, August, 1854. The defendant admitted the execution of the obligation sued upon, but pleaded that the plaintiff, by its officers and agents, had violated the act, approved December 8, 1855, to prevent illegal banking, &c., by passing and receiving, within the limits of this state, bank notes promising or ordering the payment of money, of less denomination than five dollars. The…
1Opinion of the CourtScott, Judge
This case, in the court below, seems to have turned on the point whether the treasurer of the corporation was authorized by the directors to deal in bank notes of less denomination than five dollars. The treasurer of the University stated that he had been acting as such for some years ; that he was the only person authorized by said corporation to receive and pay out money ; that as such officer he had frequently paid out and received, within the limits of this state, bank notes, promising or ordering the payment of money, of less denomination than five dollars; that he had never received as…
2Cited by7 opinions
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- Preston v. Missouri & Pennsylvania Lead Co.Supreme Court of Missouri · 1872
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