King v. Sioux City Loan & Investment Co.
Supreme Court of Iowa
Appeal from Woodbury District Court. — Hon. George W. Wakefield, Judge. The defendant is a corporation engaged in loaning money on real-estate security, and negotiating loans, buying and selling lands, investing in real estate, and receiving funds in trust, and investing the same. In June, 1885, the defendant made a loan of eight hundred dollars to one Wellman, and took from him, as security for the loan, a mortgage upon eighty acres of land in Woodbury county.
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Appeal from Woodbury District Court. — Hon. George W. Wakefield, Judge. The defendant is a corporation engaged in loaning money on real-estate security, and negotiating loans, buying and selling lands, investing in real estate, and receiving funds in trust, and investing the same. In June, 1885, the defendant made a loan of eight hundred dollars to one Wellman, and took from him, as security for the loan, a mortgage upon eighty acres of land in Woodbury county. Wellman made a written application to the defendant for the loan. The defendant took the mortgage and interest coupons in its own…
1Opinion of the CourtRothrock, J.
— The question presented by this appeal is whether the evidence introduced by the plaintiff was sufficient to warrant a jury in finding a verdict for him. In other words, was there such a want of evidence of fraud, practiced by the defendant, as to authorize the court to interfere, and direct the jury to find a verdict for the defendant % It appears from the evidence that one A. W. Bronson was, at the time of the transaction complained of, the secretary and general manager of the defendant company. The plaintiff was seeking the investment of his money, and had taken some mortgage loans of the…
2Cases cited4 opinions
- Bell v. ByersonSupreme Court of Iowa · 1860
- Longshore v. Jack & Co.Supreme Court of Iowa · 1870
- Hoffman v. WilhelmSupreme Court of Iowa · 1886
- Dawson v. GrahamSupreme Court of Iowa · 1878
3Cited by4 opinions
- Nash v. Minnesota Title Insurance & Trust Co.Massachusetts Supreme Judicial Court · 1893
- Brown v. HoldenSupreme Court of Iowa · 1903
- McKnight v. ThompsonNebraska Supreme Court · 1894
- Dye v. Farm Mortgage Inv. Co.Court of Appeals for the Tenth Circuit · 1934