Ray County Sayings Bank v. Porterfield
This text of 70 Mo. App. 573 (Ray County Sayings Bank v. Porterfield) is published on Counsel Stack Legal Research, covering Missouri Court of Appeals primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Opinion
In June, 1893, one Hauschild sold to defendant Porterfield certain land in Ray county. The conveyance was a quitclaim deed, and on its face recited the purchase price to be $500 — $100 of which was in cash paid at the time, a span of mules valued at $200 Porterfield turned over to Hauschild, and for the balance of $200 defendant executed his note payable “on the. first day of March, 1894, or %ohen I get possession of all the land for which this note is given.” The deed made at the time also recites: “Second party (Porterfield) pays cash $100, a span of mules $200, and executes to first party his note for two hundred dollars payable March 1, 1894, or iohen he gets possession of the entire tract.” It seems that in November, 1893, Hauschild sold and assigned this $200 note to Shotwell, who then assigned the same to the plaintiff bank, which in May, 1895, sued the plaintiff thereon. The defense was that defendant had never gotten possession of all the lands, and hence the note by its terms was not due.
At the trial below there was a verdict and judgment for defendant, and plaintiff appealed.
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70 Mo. App. 573, Counsel Stack Legal Research, https://law.counselstack.com/opinion/ray-county-sayings-bank-v-porterfield-moctapp-1897.