Hanan v. Sanford
Oregon Supreme Court
From Douglas: Lawrence T. Harris, Judge. Department 2. Statement by Mr. Justice Moore. This is a suit in equity by E. R. Hanan against S. A. Sanford and the First National Bank of Roseburg, a corporation, to enjoin the prosecution of an action at law.
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From Douglas: Lawrence T. Harris, Judge. Department 2. Statement by Mr. Justice Moore. This is a suit in equity by E. R. Hanan against S. A. Sanford and the First National Bank of Roseburg, a corporation, to enjoin the prosecution of an action at law. The defendant herein, S. A. Sanford, commenced an action against the plaintiff herein, E. A. Hanan, to recover $6,360, with interest at 8 per cent per annum from March 2, 1911, and attorney’s fees, as evidenced by a promissory note, alleged to have been executed by Hanan to the defendant herein, the First National Bank of Roseburg, Oregon, a…
1Opinion of the CourtJustice Moore
The testimony shows that, for several years prior to the time the promissory note described in the action *208was executed, the plaintiff was engaged in buying for the market cattle, sheep and hogs, which business compelled him to borrow from the First National Bank of Roseburg, Oregon, large sums of money. When a sale of such stock was consummated, the consideration therefor was usually evidenced by a check or a draft which the plaintiff assigned to the bank either in payment of his notes which were held by that banking-house or as a fund against which to draw checks. In referring to such method…
2Cases cited1 opinion
- Nodine v. First National BankOregon Supreme Court · 1902
3Cited by2 opinions
- Verrell v. First Nat. BankOregon Supreme Court · 1916
- Baker v. First National BankIdaho Supreme Court · 1914