First Nat. Bank v. Stam

Citation171 S.W. 567,186 Mo. App. 439
Decision Date12 December 1914
Docket NumberNo. 1361.,1361.
PartiesFIRST NAT. BANK OF MADISON v. STAM et al.
CourtCourt of Appeal of Missouri (US)

Appeal from Circuit Court, Iron County; E. M. Dearing, Judge.

Action by the First National Bank of Madison against Thomas H. Stam and another. Judgment for the plaintiff, and defendant Stam appeals. Affirmed.

Edgar & Edgar, of Ironton, B. H. Boyer, of Farmington, and W. L. Coley, of East St. Louis, Ill., for appellant. Hope, Green & Seibert, of St. Louis, for respondent.

ROBERTSON, P. J.

This is an action against appellant and the St. Francis Oil Company on a promissory note. A trial resulted in a verdict for the amount of the note, interest, and attorney's fee. Defendant Stam appealed.

The petition declares on a note for $4,000, dated November 23, 1912, due in 90 days after its date, executed by St. Francis Oil Company and appellant to themselves, and indorsed to plaintiff, providing for interest at the rate of 8 per cent. per annum, and for 10 per cent. attorney's fee, if placed in the hands of an attorney for collection. The note filed therewith conforms to these allegations, except it was due in 30 days after its date, was payable to, and indorsed by, the St. Francis Oil Company, and was signed by it, another party, and appellant as makers. The plaintiff filed an amended petition accurately describing the note filed, which, upon the motion of appellant, was stricken out, because, as alleged by appellant, it set up a different cause of action from that alleged in the original petition. Plaintiff then refiled its original petition, to which appellant filed an unverified answer, and the parties proceeded to trial; the St. Francis Oil Company defaulting. When the note was offered in evidence, appellant objected thereto on account of the variance above stated. The objection was overruled, and the note was admitted in evidence. The plaintiff's cashier testified, without objection, that it owned the note, having paid $4,000 therefor. The appellant offered no testimony.

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20 cases
  • Citizens Nat. Bank of Orange, Va. v. Waugh
    • United States
    • U.S. Court of Appeals — Fourth Circuit
    • June 3, 1935
    ...203, 210, 21 S. W. 479; Creasy v. Gray, 88 Mo. App. 454; Bank of Neelyville v. Lee, 182 Mo. App. 185, 168 S. W. 796; First Nat. Bank v. Stam, 186 Mo. App. 439, 171 S. W. 567; Bond v. Dolby, 17 Neb. 491, 23 N. W. 351; Armijo v. Henry, 14 N. M. 181, 89 P. 305, 25 L. R. A. (N. S.) 275; Heating......
  • Canada v. Shuttee
    • United States
    • Missouri Court of Appeals
    • December 5, 1921
    ...38 Mo. 188. (5) Plaintiff is entitled to the recovery of ten per cent attorney's fees. Bank v. Sutton, 204 S.W. 572; First National Bank v. Stam, 186 Mo.App. 439. W. Evans and M. E. Morrow for defendant in error. (1) The note sued on herein was a negotiable promissory note, and the provisio......
  • Stevens v. Smotherman
    • United States
    • Missouri Court of Appeals
    • February 17, 1930
    ...235 S.W. 465. (10) Proof of transfer for value by uncontradicted evidence vests a valid title in the holder. First National Bank v. Stam, 186 Mo. App. 439, 171 S.W. 567; American Union Trust Co. v. Never Break Range Co., 196 Mo. App. 206, 190 S.W. 1040; Williams v. Schmeltz, 14 S.W. (2d S.)......
  • Stevens v. Smotherman
    • United States
    • Missouri Court of Appeals
    • February 17, 1930
    ... ... to alter the terms of a promissory note. First National ... Bank v. Henry, 202 S.W. 281, 283; Mutual Life ... Illinois ... title in the holder. First National Bank v. Stam, ... 186 Mo.App. 439, 171 S.W. 567; American Union Trust Co ... v ... ...
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