Sanford v. First National Bank
Supreme Court of Iowa
Appeal from Benton District Court. — Hon. J. B. Caldwell, Judge. Action by H. C. Sanford1 against the First National Bank of Belle Plaine and S. B. Hamilton to recover as liquidated damages certain moneys deposited with defendant bank by Hamilton, to be paid plaintiff in the event Hamilton failed to consummate an agreement of partnership entered' into with plaintiff. The court directed a verdict for plaintiff, and defendant Hamilton appeals.
1Opinion of the CourtDeemer, J.
1 On. tlie seventeenth diay of October, 1802, the plain-tiff and defendant Hamilton entered into a written contract for the purpose of forming a partnership to conduct the drug: business in the city of Belle Plaiine, Iowa, to commence in the mouth of January, 1898. The capital -stock was- to be six thousand dollars, of which each was- to contribute one-half. The firm- was to purchase the furniture and fixtures then owned by Sanford, and the stock of good® owned by plaintiff was to be invoiced at Chicago' prices, with five per cent, -added for freight. It' was also agreed that Hamilton and his…
2Cases cited6 opinions
- Foley v. McKeeganSupreme Court of Iowa · 1856
- Spicer v. HoopIndiana Supreme Court · 1875
- Kelso v. Reid, Pennsylvania Court of Common Pleas, Beaver County1892
- Hathaway v. LynnWisconsin Supreme Court · 1889
- DeGraff, Vrieling & Co. v. WickhamSupreme Court of Iowa · 1892
1 more not listed; retrieve them via the Exa API.
3Cited by18 opinions
- Selby v. MatsonSupreme Court of Iowa · 1908
- Eilers Music House v. Oriental Co.Washington Supreme Court · 1912
- Kelly v. FejervarySupreme Court of Iowa · 1900
- La Borde v. Farmers State BankNebraska Supreme Court · 1927
- Moore v. KlineColorado Court of Appeals · 1914
13 more not listed; retrieve them via the Exa API.