First National Bank of St. Paul v. National Marine Bank of St. Paul
Supreme Court of Minnesota
The plaintiff brought tbis action against the defendant as endorser upon a draft or bill of exchange. The complaint was in the usual form.
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The plaintiff brought tbis action against the defendant as endorser upon a draft or bill of exchange. The complaint was in the usual form. The principal defense set up in the answer and relied upon by the defendant, was that the draft was sold to plaintiff upon the terms and conditions, with respect to the liability of defendant as endorser thereof, mentioned in a certain agreement or contract between the parties, and that the endorsement of the draft was merely for the purpose of passing the title. The contract or agreement was set out in the answer, and a copy is given in the opinion. The…
1Opinion of the Court
By the Court.
McMillan, J..
The defendant, the payee in the bill of exchange involved in this action, endorsed the same in form to the plaintiff or order, before its maturity and for a valuable consideration. Upon the trial, the plaintiff having rested, the defendant after the proper preliminary proof offered in evidence an instrument, of which the following is a copy:
“ St. Paul, Minn., Aug. 3,1870.
“ This is to certify that in consideration of the discount *68allowed on drafts of H. Eames & Co., on L. E. Hodges & Co., of Milwaukee, payable to the order of the National Marine Bank, which I have…
2Cases cited6 opinions
- Downer v. ChesebroughSupreme Court of Connecticut · 1869
- Dale v. GearSupreme Court of Connecticut · 1871
- Lawrence v. Stonington BankSupreme Court of Connecticut · 1827
- Case v. SpauldingSupreme Court of Connecticut · 1856
- Kern v. Von Phul, Waters & Co.Supreme Court of Minnesota · 1862
1 more not listed; retrieve them via the Exa API.
3Cited by4 opinions
- Barnard v. GaslinSupreme Court of Minnesota · 1876
- Monroe v. State Bank of Patch GroveWisconsin Supreme Court · 1923
- Coon v. PrudenSupreme Court of Minnesota · 1878
- Hitchcock v. FrackeltonMichigan Supreme Court · 1898