D'OENCH, DUHME & CO. v. FEDERAL DEPOSIT INS. CORP.

No. 11779.

117 F.2d 491 (1941)

D'OENCH, DUHME & CO., Inc., v. FEDERAL DEPOSIT INS. CORPORATION.

Circuit Court of Appeals, Eighth Circuit.

Rehearing Denied March 27, 1941.


Attorney(s) appearing for the Case

John W. Giesecke and Harold C. Ackert, both of St. Louis, Mo., for appellant.

Chester H. Farthing, of Belleville, Ill., and Wm. O'Herin and Leahy, Walther & Hecker, all of St. Louis, Mo., for appellee.

Before GARDNER, WOODROUGH, and JOHNSEN, Circuit Judges.


JOHNSEN, Circuit Judge.

Two questions are determinative of this appeal: (1) Whether the promissory note involved is governed by the law of Illinois or of Missouri; and (2) whether, under the law of the applicable state, the indorsee of a demand note, given for the accommodation of the payee and negotiated more than five years after its execution, may have the status of a holder in due course.

Plaintiff (appellee) has a corporate existence under 12 U.S.C.A...

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