Legal Opinion

Lundquist v. First National Bank

South Dakota Supreme Court

Decided February 23, 1937No. File No. 7894PublishedCited by 3 opinions

1Opinion of the CourtPolley, J.

Plaintiff, Lundquist, brought this action to recover damages in the sum of $2,000 claimed to have been caused by the fraud and deceit, and the concealment of such fraud and deceit, by the defendants, First National Bank of Beresford, J. J. De Lay, president, of said bank, and A. A. Soderstrom, cashier.

On or about the 6th day of March, 1922, H. H. Soderstrom made a loan of $3,500 from plaintiff, Lundquist, and as security for such loan said Soderstrom gave to plaintiff a mortgage for the amount of such loan on 40 acres of land in Lincoln county. Said note and mortgage were due and payable on…

2Cases cited2 opinions

  1. DeLaney v. Western Stock Co.North Dakota Supreme Court · 1910
  2. Fifer v. FiferNorth Dakota Supreme Court · 1903

3Cited by3 opinions

  1. Halladay v. VerschoorCourt of Appeals for the Eighth Circuit · 1967
  2. Delany v. DelanySouth Dakota Supreme Court · 1987
  3. Halladay v. VerschoorCourt of Appeals for the Fourth Circuit · 1967

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