Eggleston v. Plowman

Plaintiff on March 29, 1924, transmitted to defendant, county treasurer, a draft to the order of defendant drawn by an Iroquois bank on a St. Paul bank for the amount of certain taxes which would be payable by plaintiff April 1, 1924. At that time the Iroquois bank had funds on deposit in the St. Paul bank to meet the draft, which situation continued until April 22, when the Iroquois bank failed. Defendant failed to present *611the draft for payment before April 22, and it has never been paid. For the purposes of this opinion we will assume that the delay in presentment was negligent and…