Legal Opinion

American Nat. Bank v. Patterson

Supreme Court of Louisiana

Decided June 2, 1919No. 22038PublishedCited by 4 opinions

Appeal from Civil District Court, Parish of Orleans; Ered D. King, Judge. Action by the American National Bank against A. L. Patterson. Judgment for defendant, and plaintiff appeals.

1Opinion of the Court

Statement of the Case.

MONROE, C. J.

Plaintiff prosecutes this appeal from a judgment rejecting its claim as holder for value before maturity of defendant’s note, reading (in part):

“$10,000.00. Macon, Georgia, 1-4 — 1914.
“On demand, after date, I, we, or either of us, promise to pay to the order of the Commercial National Bank of Macon, Georgia, ten thousand dollars.
“For value received, payable at said bank, with interest from date, at the rate of eight per cent per annum, with all costs of collection, including ten per cent, attorney’s fees.”

And then follow certain waivers and a stipulation…

2Cases cited4 opinions

  1. Rice v. . GrangeNew York Court of Appeals · 1892
  2. Franklin National Bank v. Roberts Bros.Supreme Court of North Carolina · 1915
  3. Greenwood v. LoweSupreme Court of Louisiana · 1852
  4. Crampton v. Newton's EstateMichigan Supreme Court · 1903

3Cited by4 opinions

  1. Stegal v. Union Bank & Federal Trust Co.Supreme Court of Virginia · 1934
  2. Brock v. Citizens Bank & Trust Co.Supreme Court of Louisiana · 1937
  3. Wilson v. StarkMississippi Supreme Court · 1927
  4. Yung v. Magnolia Acceptance Corp.Louisiana Court of Appeal · 1965

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