Hale v. Citizens Bank
Supreme Court of Arkansas
Appeal from Craighead Circuit Court, Lake City District; J. F. Gautney, Judge; 1. The note was voidable in the hands of the insurance company. If it be said that appellant was relying upon Blankenship, and not upon the agents, still Blankenship was working with the agents, in their behalf, and to a great extent in their presence and hearing, and the insurance company was bound by the statements he made. • 14 Am. & Eng.
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Appeal from Craighead Circuit Court, Lake City District; J. F. Gautney, Judge; 1. The note was voidable in the hands of the insurance company. If it be said that appellant was relying upon Blankenship, and not upon the agents, still Blankenship was working with the agents, in their behalf, and to a great extent in their presence and hearing, and the insurance company was bound by the statements he made. • 14 Am. & Eng. Enc. of L., § § 155,156; 66 N. T. 562-567; 70 N. E. 27-29; 16 Cyc. 1025; Id. 1018; 20 Ark. 216-225; 97 Ark. 265-271. Where shares of stock are on the market and being sold by…
1Opinion of the CourtHart, J.
Appellant prosecutes this appeal to reverse a judgment against him in favor of appellee upon a promissory note. This is the second appeal of the case, and the opinion on the first appeal is reported in 104 Ark. 388, under the style of Bank of Monette v. Hale. Briefly stated, the facts are as follows:
In the spring of 1909 certain persons representing the Mississippi Valley Life Insurance Company went to the town of Monette and. solicited persons to subscribe to the capital stock of said company. Joe Blankenship was the president of the Bank of Monette and IT. O. Ashby was its cashier. Both of…
2Cases cited2 opinions
- Webster v. CarterSupreme Court of Arkansas · 1911
- Bank of Monette v. HaleSupreme Court of Arkansas · 1912
3Cited by1 opinion
- Williamson Bank & Trust Co. v. MilesSupreme Court of Arkansas · 1914