Legal Opinion

Iowa National Bank v. Davis

Supreme Court of Iowa

Decided November 22, 1919PublishedCited by 2 opinions

Appeal from Dallas District Gowrt. — Lorin N. Hays, Judge. This action was brought at law on a promissory note, executed by appellant, J. E. Davis, and endorsed by Dilen-beck. Equitable answers were filed, and the cause was tried as in equity. There was a judgment in favor of plaintiff and against defendants for the amount claimed. The defendant J. E. Davis appeals.

1Opinion of the CourtPReston, J.

1- note! failure frau!.fense of The note sued was given by defendant Davis to Dilenbeck on December 3, 1915, with interest at 6 per cent from January 1, 1916> semiannually, defaulting interest at 8 per cent, semiannually. The note was due July 1916. Plaintiff alleges that, before maturity, and for a valuable consideration, and in due course of business, Ddlen-beck sold the note to plaintiff, and, by endorsement thereon, guaranteed the payment thereof. The defendants answered separately, Davis denying that plaintiff is a bona-fide holder of the note, and by cross-petition alleging that the…

2Cases cited11 opinions

  1. McNight v. ParsonsSupreme Court of Iowa · 1907
  2. Robertson v. U. S. Live Stock Co.Supreme Court of Iowa · 1914
  3. Pigman v. DenneySupreme Court of Iowa · 1861
  4. Scott v. Chicago, Rock Island & Pacific Railway Co.Supreme Court of Iowa · 1913
  5. Belknap v. BelknapSupreme Court of Iowa · 1912

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3Cited by2 opinions

  1. Burlington Savings Bank v. Prudential Insurance Co. of AmericaSupreme Court of Iowa · 1928
  2. Trevisol v. Fresno Fruit Growers Co.Supreme Court of Iowa · 1923

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