Kuske v. Jevne

Olsen, C.

Plaintiff appeals from an order denying his alternative motion for judgment notwithstanding the verdict or a new trial.

Defendants, doing business at International Falls, Minnesota, were agents for the Merchants State Bank of Red Lake Falls, Minnesota, for procuring real estate loans for the bank, and continued as such up to the time the bank closed on or about February 3, 1923. They procured written applications for such loans and forwarded them to the bank for approval. They had no authority to approve the loans or bind the bank therefor where the loan exceeded $1,000. As…