Legal Opinion
Drovers Bank of Chicago v. National Bank and Trust Company of Chariton
Court of Appeals for the Eighth Circuit
Decided September 18, 1987No. 86-2158PublishedCited by 18 opinions
1Opinion of the Court
ARNOLD, Circuit Judge.
In this diversity action, Drovers Bank of Chicago sued National Bank and Trust Co. of Chariton (NBT) for money allegedly due under a loan-participation agreement between the banks. The parties consented to trial before a magistrate, 1 and stipulated to many of the relevant facts, including the amount of money in dispute.
On amended findings of fact and conclusions of law, the Magistrate ruled that Drovers had proved an oral contract under which NBT owed it $60,801.95, plus interest. 2 NBT argues that the Magistrate erred (1) in ruling that the written agreement did not…
2Cases cited3 opinions
- Weitz Co. v. Mo-Kan Carpet, Inc.Court of Appeals for the Eighth Circuit · 1983
- Commercial Trust & Savings Bank of Storm Lake v. Toy National Bank of Sioux CityCourt of Appeals of Iowa · 1985
- City of Sac City v. BentsenCourt of Appeals of Iowa · 1982
3Cited by18 opinions
- Landals v. George A. Rolfes Co.Supreme Court of Iowa · 1990
- Bank of Chicago v. Park National BankAppellate Court of Illinois · 1994
- Chapman & Cole v. Itel Container International B.V.Court of Appeals for the Fifth Circuit · 1989
- Bankr. L. Rep. P 73,046 in Re Lloyd Phillips. First National Bank of Fayetteville, Arkansas, Appellee/cross-Appellant v. Lloyd Phillips, Appellant/cross-Appellee. In Re Stanley Sisemore, Debtor. First National Bank of Fayetteville, Arkansas, Appellee/cross-Appellant v. Stanley L. Sisemore, Appellant/cross-AppelleeCourt of Appeals for the First Circuit · 1989
- Quesinberry v. Life Insurance Co. of North AmericaCourt of Appeals for the Fourth Circuit · 1993
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