First National Bank v. Ernst

Rua F. Ernst, a married woman, lived in Nebraska when the note in suit, for $1,320, was executed, and appeals from a judgment thereon. The note was dated “Alexandria, South Dakota, September 12th, 1923,” “Payable at the First National Bank, Alexandria, South Dakota,” to “The First National Bank of Alexandria, South Dakota.” The note was indorsed: “Pay to the order of the First National Bank in Alexandria, S. D. Without recourse. Paul C. Keyes, Receiver of the First National Bank of Alexandria, S. D.” The plaintiff bank will be referred to as the “in” bank, and the First National Bank of…