Legal Opinion

Johnston County Savings Bank v. Scroggin Drug Co.

Supreme Court of North Carolina

Decided March 9, 1910PublishedCited by 6 opinions

Appeal by defendant from Gooke, J., October Term, 1909, of FRANKLIN. The facts are stated in the opinion of the Court.

1Opinion of the CourtWalker, J.

This action was brought to recover the amount of a note for $499.20, payable in fixed installments to the Equitable Manufacturing Company. There was written, on its back, an indorsement to the plaintiff, but there was no proof introduced by the plaintiff of the genuineness of the indorsement, the court ruling that the production of the note was sufficient to show that the plaintiff was its equitable owner, without any proof that the note had been indorsed in writing to it, as the plaintiff does not claim as an innocent purchaser or as a holder in due course. The note was originally signed by…

2Cases cited9 opinions

  1. Trust Co. v. National BankSupreme Court of the United States · 1880
  2. Bank v. Hay.Supreme Court of North Carolina · 1906
  3. Tyson v. Joyner.Supreme Court of North Carolina · 1905
  4. Swindell v. . LathamSupreme Court of North Carolina · 1907
  5. Gregg v. . Mallett.Supreme Court of North Carolina · 1892

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3Cited by6 opinions

  1. Capitol Hill State Bank v. Rawlins National BankWyoming Supreme Court · 1916
  2. Sheldon v. BlackmanWisconsin Supreme Court · 1925
  3. Sullivan v. GaulSupreme Court of Iowa · 1924
  4. William Whitman, Inc. v. YorkSupreme Court of North Carolina · 1926
  5. Texas Co. v. StoneSupreme Court of North Carolina · 1950

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