Legal Opinion

Sweet v. Security Savings Bank

Supreme Court of Iowa

Decided October 27, 1925PublishedCited by 4 opinions

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

  1. State ex rel. Carroll v. Corning Savings BankSupreme Court of Iowa · 1908
  2. Commercial Savings Bank v. ColthurstSupreme Court of Iowa · 1922
  3. Second National Bank v. ScanlonSupreme Court of Iowa · 1923
  4. Henderson v. Farmers Savings BankSupreme Court of Iowa · 1925
  5. Peet v. Des Moines Savings BankSupreme Court of Iowa · 1921

3Cited by4 opinions

  1. Pioneer Valley Savings Bank v. Indemnity Insurance of North AmericaDistrict Court, N.D. Iowa · 1964
  2. Grimes Savings Bank v. McHargSupreme Court of Iowa · 1927
  3. Partch v. KrogmanSupreme Court of Iowa · 1926
  4. Andrew v. PetersonSupreme Court of Iowa · 1932

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