United States v. Johnston
District Court, D. Minnesota
1Opinion of the Court
BELL, District Judge.
This action was commenced by the plaintiff on a note held by the Commodity Credit Corporation.
There is no dispute but that the defendant Ralph D. Johnston in connection with obtaining a loan on stored *634corn executed the note in question on March 6, 1950 in the principal amount of $640.20. The note bears interest at the rate of 3% with due date of July 31, 1950. On or about July 27, 1950 the Commodity Credit Corporation purchased the note and the original named payee, First National Bank of Cannon Falls endorsed and transferred the same to the Corporation.
The defense of…
2Cases cited5 opinions
- Holden v. Farwell, Ozmun, Kirk & Co.Supreme Court of Minnesota · 1947
- New York Life Ins. v. SeifrisCourt of Appeals for the Third Circuit · 1931
- Gendreau v. North American Life & Casualty Co.Supreme Court of Minnesota · 1924
- Pohl v. JohnsonSupreme Court of Minnesota · 1930
- Harmon v. AdamsSupreme Court of the United States · 1887
3Cited by4 opinions
- Pearl Thomas, Administratrix of the Estate of Lewis Samuel Thomas, Deceased v. Conemaugh & Black Lick Railroad CompanyCourt of Appeals for the Third Circuit · 1956
- United States v. Joseph ForcellatiCourt of Appeals for the First Circuit · 1979
- Cornwell v. Bank of America National Trust and Savings Ass'nCalifornia Court of Appeal · 1990
- Awes v. WalkerAlaska Supreme Court · 1962