Security Bank of Minnesota v. Bell
| Court | Supreme Court of Minnesota (US) |
| Citation | 32 Minn. 409 |
| Parties | SECURITY BANK OF MINNESOTA <I>vs.</I> S. N. BELL. |
| Decision Date | 12 November 1884 |
Action brought in the district court for Hennepin county upon a promissory note made by defendant to plaintiff. The answer admits the making and delivery of the note, but denies any consideration for it. Upon the trial, before Lochren, J., and a jury, it appeared that the defendant gave the note, at plaintiff's solicitation, as collateral security for a past-due note (for the same amount) of defendant's son, who had just failed in business, and that there was no other consideration for it. The court directed a verdict for defendant, and plaintiff appeals from an order refusing a new trial.
W. E. Hale, for appellant.
Robinson & Bartleson, for respondent.
By the Court. There was no conflict in the evidence as to the transaction upon which the note sued on was given, and there is no question that it showed an entire want of consideration.
Order affirmed.
To continue reading
Request your trial
-
Bank of Montreal v. Beecher, 19662[56].
...the naked promise of a third person who is indebted to neither, such promise is without consideration. Security Bank of Minnesota v. Bell, 32 Minn. 409, 21 N. W. 470;Turle v. Sargent, 63 Minn. 211, 65 N. W. 349,56 Am. St. Rep. 475;West Coast Co. v. Bradley, 111 Minn. 343, 127 N. W. 6; 1 Dan......
-
Turle v. Sargent, 9594--(173)
...case falls within the precise principle laid down in the cases of Smith v. Steely, supra; Schultz v. Catlin, supra; Security Bank v. Bell, 32 Minn. 409, 21 N.W. 470; Holm v. Sandberg, 32 Minn. 427, 21 N.W. 416; Osborne v. Doherty, 38 Minn. 430, 38 N.W. 111; In re Hess Estate, 150 Pa. 346, 2......
-
Bank of Montreal v. Beecher, 19,662 - (56)
...the naked promise of a third person who is indebted to neither, such promise is without consideration. Security Bank of Minnesota v. Bell, 32 Minn. 409, 21 N.W. 470; Turle v. Sargent, 63 Minn. 211, 65 N.W. 349, 56 Am. St. 475; West Coast Co. v. Bradley, 111 Minn. 343, 127 N.W. 6; 1 Daniel, ......
-
Bank of Montreal v. Beecher, s. 19,662-(56).
...the naked promise of a third person who is indebted to neither, such promise is without consideration. Security Bank of Minnesota v. Bell, 32 Minn. 409, 21 N. W. 470; Turle v. Sargent, 63 Minn. 211, 65 N. W. 349, 56 Am. St. 475; West Coast Co. v. Bradley, 111 Minn. 343, 127 N. W. 6; 1 Danie......