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FIRST NATIONAL BANK v. OLSON

No. 36,630.

246 Minn. 28 (1955)

FIRST NATIONAL BANK, HENNING, MINNESOTA, v. E.C. OLSON, SOLE TRADER d.b.a. HENNING SEED & GRAIN COMPANY, AND ANOTHER. McCABE BROTHERS COMPANY, RESPONDENT.

Supreme Court of Minnesota.

December 16, 1955.

Attorney(s) appearing for the Case

Clifford G. Nelson, for appellant.

Owen V. Thompson, for plaintiff-respondent.

Faegre & Benson and George D. McClintock, Jr., for defendant-respondent.

THOMAS GALLAGHER, JUSTICE.

Plaintiff, First National Bank of Henning, instituted this action against E.C. Olson, doing business as Henning Seed & Grain Company of Henning, and McCabe Brothers Company of Minneapolis to recover the sum of $1,030.85 advanced by plaintiff to Henning Seed & Grain Company on checks drawn by the latter against plaintiff. Such advances comprised items for which a bill of exchange or sight...

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