Farmers' Bank v. Johnson
Supreme Court of Arkansas
Appeal from Searcy Circuit Court; Geo. W. Reed, Judge; STATEMENT BY THE COURT. Appellant brought suit against W. S. Johnson, I. R. Goodman and others, alleging that they were indebted to the State of Arkansas in a certain amount, on a note given for the payment of fines adjudged against W. S.'Johnson; that they purchased of said bank the sum of $400 in Searcy County scrip at ninetjr-five cents on the dollar, with which to pay said note; that the other defendants, except…
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Appeal from Searcy Circuit Court; Geo. W. Reed, Judge; STATEMENT BY THE COURT. Appellant brought suit against W. S. Johnson, I. R. Goodman and others, alleging that they were indebted to the State of Arkansas in a certain amount, on a note given for the payment of fines adjudged against W. S.'Johnson; that they purchased of said bank the sum of $400 in Searcy County scrip at ninetjr-five cents on the dollar, with which to pay said note; that the other defendants, except Goodman, came to the bank on the 16th day of August^ 1909, and agreed that they would execute their note to the bank in the…
1Opinion of the Court
Kirby, J.,
(after stating the facts). The testimony on the part of the appellant tends to show that the bank cashier sold and delivered the scrip for the sum of $380 on the promise of I. R. Goodman to pay the whole amount in cash if he could procure $280 of it from the other defendants, or execute the $380 note in payment therefor, in case the cash was not paid.
It is true, he made a statement also that he did not tell Goodman that he would let the scrip out on what he said, but, from his answers to the other questions at the time, it is probable this statement was made relative to selling the…
2Cases cited1 opinion
- Williams v. St. Louis & San Francisco RailroadSupreme Court of Arkansas · 1912
3Cited by3 opinions
- Commercial Union Fire Insurance v. KingSupreme Court of Arkansas · 1913
- Scott v. Wisconsin & Arkansas Lumber Co.Supreme Court of Arkansas · 1921
- Cleaver v. Bert Johnson Orchards, Inc.Supreme Court of Arkansas · 1927