Legal Opinion

Commercial State Bank v. Iverson

South Dakota Supreme Court

Decided February 24, 1926No. File No. 5505PublishedCited by 6 opinions

1Opinion of the CourtCampbell, J.

Plaintiff brought action in the usual form as indorsee and holder in due course of a promissory note in the principal sum of $100 executed by defendant to^ Young & Engelhard Creamery Company, a corporation.- Defendant ariswered that plaintiff was not a due course holder of the note; that the'note was given for corporate stock of the Young & Engelhard Cream-' ery Company, and was secured by false representations; that said corporate stock was never delivered; that the corporation is now insolvent and bankrupt; and that the consideration for the note had wholly failed.

*468The case was tried oil the…

2Cases cited10 opinions

  1. Swedish American National Bank of Minneapolis v. KoebernickWisconsin Supreme Court · 1908
  2. Merchants' National Bank v. Citizens' Gas Light Co.Massachusetts Supreme Judicial Court · 1893
  3. Merrill v. HurleySouth Dakota Supreme Court · 1895
  4. Winer v. Bank of BlythevilleSupreme Court of Arkansas · 1909
  5. Iowa Nat. Bank v. ShermanSouth Dakota Supreme Court · 1903

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3Cited by6 opinions

  1. Hartford Accident & Indemnity Co. v. Bear Butte Valley BankSouth Dakota Supreme Court · 1934
  2. Farmers and Merchants State Bank v. MannSouth Dakota Supreme Court · 1973
  3. General Tire & Rubber Co. v. HammSouth Dakota Supreme Court · 1942
  4. Livestock National Bank v. Minnehaha State BankSouth Dakota Supreme Court · 1927
  5. Farmers and Merchants State Bank v. MannSouth Dakota Supreme Court · 1973

1 more not listed; retrieve them via the Exa API.

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