State Bank v. Missia
Supreme Court of Minnesota
Action in the district court for Ramsey county to recover $1,400 on two promissory notes. The facts are stated in the opinion. The case was tried before Brill, J., who made findings and as conclusion of law found that plaintiff was chargeable with notice of the rights of defendant, acted in bad faith, and that plaintiff was not entitled to recover upon the notes. From the judgment in favor of defendant, plaintiff appealed.
1Opinion of the CourtHolt, J.
Plaintiff appeals from a judgment rendered for defendant. F. A. Horstman and H. M. Heuring were, during July and August, 1912, the president and assistant cashier respectively of plaintiff, a state bank. The court found that on July 31, 1912, Horstman, with intent to defraud defendant, represented that he was the owner of certain land in Florida, and, if defendant would sign a contract for its purchase, Horstman would *411resell it in one year at a profit. Defendant thereupon executed a contract to buy, paid $200 cash and signed two notes for $700 each, but therein no payee was named, the space…
2Cases cited1 opinion
- Pennington County Bank v. First State BankSupreme Court of Minnesota · 1910
3Cited by5 opinions
- Olsen v. HoffmannSupreme Court of Minnesota · 1928
- Chamberlin v. Twin Ports Development Co.Supreme Court of Minnesota · 1935
- Farmers State Bank v. CookeSupreme Court of Minnesota · 1921
- Grocers, Inc. v. HorstmanSupreme Court of Minnesota · 1951
- Henning v. CarlsonSupreme Court of Minnesota · 1922