Security Bank of Minnesota v. Luttgen
Supreme Court of Minnesota
Appeal by plaintiff from an order of the district court for Henne-pin county, Young, J., presiding, refusing a new trial. The case is stated in the opinion. Upon the presentment of the bill of exchange to the drawee and upon its acceptance, the drawee was entitled to the bill of lading, and the bank was legally bound to deliver it. National Bank v. Merchants’ Bank, 91 U. S. 92; Marine Bank of Chicago v. Wright, 48 N. Y. 1; Lanjear v. Blossom, 1 La.
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Appeal by plaintiff from an order of the district court for Henne-pin county, Young, J., presiding, refusing a new trial. The case is stated in the opinion. Upon the presentment of the bill of exchange to the drawee and upon its acceptance, the drawee was entitled to the bill of lading, and the bank was legally bound to deliver it. National Bank v. Merchants’ Bank, 91 U. S. 92; Marine Bank of Chicago v. Wright, 48 N. Y. 1; Lanjear v. Blossom, 1 La. An. 148; Wisconsin, etc., Bank v. Bank of British North America, 21 U. C. Q. B. 284. Any special agreement to vary this contract must be in…
1Opinion of the Court
Dickinson, J.*
Defendants were engaged in business as commission merchants at Minneapolis. Zantzinger & Son, doing business at Baltimore, Maryland, ordered from them a quantity of flour. Defendants shipped the flour to Baltimore, taking bills of lading, by the terms of which the flour was to be delivered to the defendants themselves, or to their order, at Baltimore. The defendants then drew bills of exchange on Zantzinger & Son for the amount of the price of the flour, payable to the defendants’ own order 30 days after sight. Indorsing these bills of exchange, the defendants procured them to…
2Cases cited6 opinions
- Dows v. National Exchange Bank of MilwaukeeSupreme Court of the United States · 1875
- Farmers and Mechanics' Nat. Bank v. . LoganNew York Court of Appeals · 1878
- National Bank of Commerce of Boston v. Merchants' Nat. Bank of MemphisSupreme Court of the United States · 1875
- Stollenwerck v. ThacherMassachusetts Supreme Judicial Court · 1874
- The Marine Bank of Chicago v. . WrightNew York Court of Appeals · 1871
1 more not listed; retrieve them via the Exa API.
3Cited by10 opinions
- Leuthold v. FairchildSupreme Court of Minnesota · 1886
- Banik v. Chicago, Milwaukee & St. Paul Railway Co.Supreme Court of Minnesota · 1920
- Hubbell, Slack & Co. v. Farmers' Union Cotton Co.Court of Appeals of Texas · 1917
- St. Louis S. F. R. Co. v. AllenSupreme Court of Oklahoma · 1912
- McMahan v. State Nat. Bank of ShawneeCourt of Appeals of Texas · 1913
5 more not listed; retrieve them via the Exa API.