Sweet v. Security Savings Bank
Supreme Court of Iowa
1Opinion of the CourtDe Graff, J.
Plaintiff, alleging himself to be a holder in due course, sues as indorsee, to recover judgment on a negotiable certificate of deposit, in words and figures, to wit:
“Security Savings Bank
“Perry, Iowa. Feby. 1/22 No. 4107.
“George Wegen has deposited in this bank five thousand and no/100 dollars, $5,000.00 payable to the order of self in current funds on return of this certificate properly endorsed 12 months after date with interest at 5 per cent per annum. No interest after maturity. M. M. Heptonstall, President. Not subject to check. No redemption before maturity.”. Three defenses in separate…
2Cases cited5 opinions
- State ex rel. Carroll v. Corning Savings BankSupreme Court of Iowa · 1908
- Commercial Savings Bank v. ColthurstSupreme Court of Iowa · 1922
- Second National Bank v. ScanlonSupreme Court of Iowa · 1923
- Henderson v. Farmers Savings BankSupreme Court of Iowa · 1925
- Peet v. Des Moines Savings BankSupreme Court of Iowa · 1921
3Cited by4 opinions
- Pioneer Valley Savings Bank v. Indemnity Insurance of North AmericaDistrict Court, N.D. Iowa · 1964
- Grimes Savings Bank v. McHargSupreme Court of Iowa · 1927
- Partch v. KrogmanSupreme Court of Iowa · 1926
- Andrew v. PetersonSupreme Court of Iowa · 1932