Reports of Cases Argued and Determined in the Supreme Court of the State of Montana from December Term 1868, to Volume 52

Reports of Cases Argued and Determined in the Supreme Court of the State of Montana from December Term 1868, to Volume 52

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This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1916 edition. Excerpt: ... A. 1915B, 472. For authorities pa$SlDg on the question of provisions for attorney's fees as aflecting negotiability of note, see note in L. R. A. 1915B, 675. Messrs. Loud, Collins, Campbell, Wood db Leavitt and Mr. H. B. Du/f, for 'Appellant, submitted a. brief; Mr. C. H. Loud argued the cause orally. ' A note which contains a statement of the particular transaction giving rise to the instrument is not thereby rendered nonnegotiable. (Selover on Negotiable Instruments, 2d ed., 50; Newton Wagon Co. v. Diers, 10 Neb. 284, 4 N. W. 995; Doherty v. Perry, 38 Ind. 15; Bank of Sherman v. Apperson, 4 Fed. 25; First National Bank v. Michael, 96 N. C. 53, 1 S'. E. 855.) "Thus a promise to pay a stated sum for the privilege of placing advertising signs in street-cars is negotiable, and a statement that the note was given for insurance, or for personal property or for rent, does not destroy its negotiability." (Iol.; Siegel v. Chicago Trust etc. Bank, 131 Ill. 569, 19 A-m. St. Rep. 51, 7 L. R. A. 537, 23 N. E. 417; American Ins. C0. v. Gallahan, 75 Ind. 168; Kirk v. Dodge County Mut. Ins-. Co., 39 Wis. '138, 20 Am. Rep. 39; Union Ins. C0. v. Greenleaf, 64 Me. 123; Taylor v. Curry, 109 Mass. 36, 12 Am. Rep. 661; Collins v. Bradbury, 64 Me. 37; Buchanan v. Wren, 10 Tex. Civ. 560, 30 S. W. 1077.) Fraud in the contract, or in the consideration out of which the note arose, is n'o defense in favor of the maker against the bona fide holder thereof. (Culver v. Hide do Leather Bank, 78 Ill. 625; Wood v. Waters, 1 Litt. (Ky.) 176, 13 Am. Dec. 228; Farrell v. Lovett, 68 Me. 326, 28 Am. Rep. 59; Ross v. Webster, 63 Conn. 64, 68, 26 Atl. 476; Barney v. Earle, 13 Ala. 106; King v. Doane, 139 U. S. 166, 35 L. Ed. 84, 11 Sup. Ct....show more

Product details

  • Paperback | 252 pages
  • 189 x 246 x 13mm | 458g
  • Rarebooksclub.com
  • United States
  • English
  • black & white illustrations
  • 1236820991
  • 9781236820990