Park Hotel Co. v. Fourth Nat. Bank of St. Louis
Court of Appeals for the Eighth Circuit
In Error to tlie Circuit Court of the United States for the Eastern District of Arkansas. This writ of error challenges a judgment for $14,528 in' favor of the Fourth National Bank of St. Louis, the defendant in error, and against the Park Hotel Company, a corporation, the plaintiff in error, upon a promissory note in these words: . “St. Louis, Mo., Dec’br 3rd, 1894. “On February 1st, 1895, after date, I, the Park Hotel Co. of Hot Springs, Ark., promise to pay to the order…
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In Error to tlie Circuit Court of the United States for the Eastern District of Arkansas. This writ of error challenges a judgment for $14,528 in' favor of the Fourth National Bank of St. Louis, the defendant in error, and against the Park Hotel Company, a corporation, the plaintiff in error, upon a promissory note in these words: . “St. Louis, Mo., Dec’br 3rd, 1894. “On February 1st, 1895, after date, I, the Park Hotel Co. of Hot Springs, Ark., promise to pay to the order of the Fourth National Bank of St. Louis, Mo., fifteen thousand dollars, for value received, with interest at the rate of…
1Opinion of the Court
SANBORN, Circuit Judge,
after stating the case as above, delivered tbe opinion of the court.
Unless the hotel company is estopped from contesting the validity of the note in suit, this judgment must stand or fall by the transaction of February 28, 1891. The only consideration for this note is a discount by the bank of the note of that date. If the discount of that note did not charge the hotel company with any liability to the hank, then, unless it is estopped from making this defense, it never became liable upon any of the renewals of that note, because they were without consideration, and the…
2Cases cited29 opinions
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- Union Pacific Railway Co. v. Chicago, Rock Island & Pacific Railway Co.Supreme Court of the United States · 1896
- Davis v. Old Colony RailroadMassachusetts Supreme Judicial Court · 1881
- Jacksonville, Mayport, Pablo Railway & Navigation Co. v. HooperSupreme Court of the United States · 1896
- Western National Bank v. ArmstrongSupreme Court of the United States · 1894
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3Cited by35 opinions
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- Savannah Ice Co. v. Canal-Louisiana Bank & Trust Co.Court of Appeals of Georgia · 1913
- Capital City Brick Co. v. JacksonCourt of Appeals of Georgia · 1907
- Smith v. Nelson Land & Cattle Co.Court of Appeals for the Eighth Circuit · 1914
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