Legal Opinion

National Farmers Bank v. Nygren

Supreme Court of Minnesota

Decided November 1, 1918No. 20,914PublishedCited by 1 opinion

Action in the district court for Wabasha county to recover $337 upon a promissory note. The answer alleged the note was procured by fraud. The case was tried before Callaghan, J., who at the close of the testimony denied motions for directed verdicts, and a jury which returned a verdict for defendant. From an order denying its motion for judgment notwithstanding the verdict or for a new trial, plaintiff appealed.

1Per curiam

This is an action on a promissory note. There was a verdict for the defendant. The plaintiff appeals from the order denying its alternative motion for judgment or for a new trial.

The note was made by the defendant to the order of himself, and indorsed by him. It was delivered to the Clefton Company and by the company indorsed to the plaintiff. The defense is that it was procured by fraud. The statute provides that no person whose signature is obtained to a promissory note shall be liable, if it is made to appear that it was obtained by fraudulent representation, trick or artifice as to the…

2Cases cited2 opinions

  1. Cedar Rapids National Bank v. MottleSupreme Court of Minnesota · 1911
  2. Johnson County Savings Bank v. HallSupreme Court of Minnesota · 1907

3Cited by1 opinion

  1. Albrecht v. RathaiSupreme Court of Minnesota · 1921

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