St. Paul National Bank v. Cannon
Supreme Court of Minnesota
Action in the district court for Bamsey county against Cannon, the maker, and Wm. Heiser, the payee and indorser, of a promissory note, the former alone defending. Trial before Kelly, J., and verdict for $570.38 directed for plaintiff. Appeal by defendant Cannon from an order refusing a new trial.
1Opinion of the Court
Dickinson, J.1
The plaintiff, as an indorsee of a promissory note, seeks by this action to recover thereon against the maker. The note was made by the defendant in April, 1888, payable on or before one year thereafter to one Heiser, at the Bank of Minnesota. It was conclusively shown by the evidence that before the maturity of the note it was pledged to the plaintiff bank by one Houghtaling, as collateral security upon a discounting of Houghtaling’s note by the bank. When Houghtaling presented the note as such security it bore the indorsement in blank of the payee, Heiser. It is claimed on the…
2Cases cited8 opinions
- Ward v. SmithSupreme Court of the United States · 1869
- Hills v. . PlaceNew York Court of Appeals · 1872
- First Division of the St. Paul & Pacific Rail Road v. ParcherSupreme Court of Minnesota · 1869
- Thomas R. Wood & Co. v. Merchants' Saving, Loan & Trust Co.Illinois Supreme Court · 1866
- Caldwell v. CassidyNew York Supreme Court · 1828
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3Cited by17 opinions
- Johnson v. GraysonSupreme Court of Missouri · 1910
- Gilman v. HeitmanSupreme Court of Iowa · 1907
- Rodriguez v. La Cueva Ranch Co.New Mexico Supreme Court · 1912
- Bank of Montreal v. IngersonSupreme Court of Iowa · 1898
- Newell v. RosenbergMassachusetts Supreme Judicial Court · 1931
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