Legal Opinion

Sax v. Drake

Supreme Court of Iowa

Decided June 10, 1886PublishedCited by 5 opinions

Appeal from Wapello Circuit Court. Action upon a promissory note and mortgage. The defendants pleaded payment. There was a decree for the plaintiif. The defendants appeal.

1Opinion of the Court

Adams, Oh. J.

The note was made payable to J. O. Briscoe or bearer, and was delivered to him, and by him to the plaintiff. The amount due thereon was afterwards paid to Briscoe, whom the maker, Drake, supposed was still the holder. Drake avers, however, that the payment to Briscoe was good, notwithstanding the fact that he had transferred the note by delivery to the plaintiff', because Briscoe had been, and was at the time of the payment, the agent of the plaintiff, duly authorized to receive the payment in question. The plaintiff denies such agency, and the question as to whether Briscoe was…

2Cited by5 opinions

  1. Ulen v. KnecttleWyoming Supreme Court · 1936
  2. Townsend v. StuderSupreme Court of Iowa · 1899
  3. Morgan v. NealIdaho Supreme Court · 1901
  4. Capital Loan Co. v. KeelingSupreme Court of Iowa · 1935
  5. Ragatz v. DienerSupreme Court of Iowa · 1934

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