Legal Opinion

Oakley v. Carr

Nebraska Supreme Court

Decided December 17, 1902No. 12,276Published

ERROR from tlie district court for Lancaster county. Action in the nature of assumpsit on one promissory note. Tried below before Frost,, J. Judgment for defendant. Plaintiff brings error.

1Opinion of the Court

Lobingier, C.

This is an action on a promissory note executed and delivered by one U. O. Anderson, of Seward, Nebraska, to defendant in error, who is a resident of Lincoln, and who, before maturity of the note, indorsed it in blank and sold it to plaintiff in error. By its terms the note became due December 5, 1899, the three days of grace expiring on December 8. Some time before the first-named date it was deposited for collection with the First National Bank of Lincoln, which forwarded it to a correspondent bank at Seward, having first indorsed as follows: “Pay any bank or banker or order.…

2Cases cited3 opinions

  1. Brown & Sons v. FergusonSupreme Court of Virginia · 1832
  2. First National Bank v. WoodSupreme Court of Vermont · 1879
  3. Carmena v. Bank of LouisianaSupreme Court of Louisiana · 1846

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