Jackson v. McInnis
Oregon Supreme Court
From Multnomah: E. D. Shattuck, Judge. Action by Carl H. Jackson against Alexander "W. Mc-Innis to recover the amount of a negotiable certificate of deposit that McInnis had indorsed. There was a judgment for plaintiff from which defendant appeals.
1Opinion of the CourtJustice Bean
*530This is an action by an indorsee against an indorser of a negotiable certificate of deposit, issued by the Portland Savings Bank on October 26, 1894, in favor of the defendant for $399.76, and by him transferred and indorsed to the plaintiff, for value. After the indorsement, and before the maturity of the instrument, the Portland Savings Bank, becoming insolvent, closed its doors, and a receiver, pendente lite, was appointed by the Circuit Court of Multnomah County. Upon the maturity of the paper, presentment and demand of payment was made upon the receiver, and notice of nonpayment given to…
2Cases cited8 opinions
- Bank of Bethel v. Pahquioque BankSupreme Court of the United States · 1872
- Chemical National Bank v. Hartford Deposit Co.Supreme Court of the United States · 1896
- Decker v. . GardnerNew York Court of Appeals · 1891
- Ballard v. BurtonSupreme Court of Vermont · 1892
- Farmers' Loan Co. v. Or. Pac. R. R.Oregon Supreme Court · 1897
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3Cited by3 opinions
- Fleischner v. Bank of McMinnvilleOregon Supreme Court · 1898
- Robinson v. HolmesOregon Supreme Court · 1910
- Silbaugh v. Guardian Building & Loan Ass'nOregon Supreme Court · 1940