Legal Opinion

Matanuska Valley Bank v. Arnold

District Court, D. Alaska

Decided October 20, 1953No. A-8189PublishedCited by 2 opinions

1Opinion of the Court

FOLTA, District Judge.

Plaintiff seeks to recover approximately $11,000 on three negotiable notes, executed in the name of the Davis Construction Co. by the defendant Willard Davis as a member thereof, and payable to the order of the plaintiff. The defendant Arnold contends that she is not liable on the notes because they were executed by her copartner not only without authority but pursuant to a scheme to defraud her devised by her copartner, the defendant Davis, and the plaintiff, and also because she was released by the plaintiff. The defendant Davis has defaulted. The defendant Arnold has…

2Cases cited16 opinions

  1. American Surety Company v. PaulySupreme Court of the United States · 1898
  2. Goldstein v. Union National BankTexas Supreme Court · 1919
  3. Munroe v. HarrimanCourt of Appeals for the Second Circuit · 1936
  4. Liberty Trust Co. v. TiltonMassachusetts Supreme Judicial Court · 1914
  5. W. R. Grace & Co. v. StricklandSupreme Court of North Carolina · 1924

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3Cited by2 opinions

  1. Minneapolis Brewing Company v. MerrittDistrict Court, D. North Dakota · 1956
  2. Matanuska Valley Bank, a Corporation v. Irene Arnold and Willard Davis, Individually, and as Copartners, Doing Business as Davis Construction CompanyCourt of Appeals for the Ninth Circuit · 1955

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