Legal Opinion

Rice v. Rankans

Michigan Supreme Court

Decided July 5, 1894PublishedCited by 2 opinions

Error to Ottawa. (Padgham, J.) Assumpsit. Defendant brings error. The facts are stated in the opinion.

1Opinion of the CourtMontgomery, J.

The plaintiff claims to be the Iona fide purchaser of certain written instruments, reading as follows:

*383“$960.00. First Mortgage Bond. No. 710.
“Chicago, August 16, A. D. 1888.
“ On the 16th day of August, A. D. 1893, for value received, I promise to pay to the order of Niels C. Fredericksen the principal sum of $960, with interest thereon at the rate of 7 per cent, per annum, payable annually, according to the tenor and effect hereof, and of five coupons hereto attached. Both principal and interest are payable at the office of Fredericksen & Co., Chicago, Illinois. If any part of the principal…

2Cases cited3 opinions

  1. Chicago Railway Equipment Co. v. Merchants' BankSupreme Court of the United States · 1890
  2. Conley v. WinsorMichigan Supreme Court · 1879
  3. Lauferty v. JohnsonAppellate Court of Illinois · 1885

3Cited by2 opinions

  1. Drovers' National Bank v. BlueMichigan Supreme Court · 1896
  2. Walton School of Commerce v. StroudMichigan Supreme Court · 1929

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