Sig Ellingson & Co. v. Polk County State Bank
This text of 242 N.W. 626 (Sig Ellingson & Co. v. Polk County State Bank) is published on Counsel Stack Legal Research, covering Supreme Court of Minnesota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
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The defendant Wentzel was a stock buyer in Polk county. Sig Ellingson Company was a corporation doing a commission business at the stockyards in South St. Paul. On October 8 or 9, 1929, Wentzel drew a sight draft against Ellingson Company on the Stock Yards National Bank of South St. Paul in favor of the defendant Polk County State Bank for $1,500. The draft was sent by the Polk county bank, and the money returned by the South St. Paul bank to the Polk County State Bank, and was credited to Wentzel's account on October 11, 1929. Wentzel was indebted to the Polk county bank on overdue notes in an amount exceeding $1,500. On October 12, 1929, the bank notified Wentzel by mail that it had charged off the notes against his account, leaving nothing or substantially nothing in it.
After the check was deposited to Wentzel's account he issued checks for stock bought to be shipped to Ellingson Company amounting to $412.10. The defendant bank refused payment. The plaintiff Baird received one of the checks. A number of others, similarly situated, who had received checks assigned their claims to Baird, and he brought suit on his own and the assigned claims. They amounted to $412.10. The amount claimed by Ellingson Company, $1,087.90, is the balance of the $1,500.
Mr. Justice Loring, having been counsel for the defendant in the court below, took no part. Mr. Chief Justice Wilson, Mr. Justice Stone, and Mr. Justice Olsen are of the view that there can be no recovery by either of the plaintiffs. Mr. Justice Holt, Mr. Justice *Page 50 Dibell, and Mr. Justice Hilton are of the view that the plaintiffs should recover the amount fixed by the trial court.
The rule, in which all agree, is that when a member of the court is disqualified and the other members are equally divided the order from which the appeal was taken will be affirmed. Wilson v. Jamison,
Orders affirmed.
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Cite This Page — Counsel Stack
242 N.W. 626, 186 Minn. 48, 1932 Minn. LEXIS 835, Counsel Stack Legal Research, https://law.counselstack.com/opinion/sig-ellingson-co-v-polk-county-state-bank-minn-1932.