COMMERCIAL INVESTMENT CORP. v. CORNELIUS

No. 51138.

125 N.W.2d 257 (1963)

COMMERCIAL INVESTMENT CORP., a Corporation, Appellee, v. Ted CORNELIUS, d/b/a Ted's Champlin Service, Appellant.

Supreme Court of Iowa.

December 10, 1963.


Attorney(s) appearing for the Case

Lee J. Farnsworth, Denison, for appellant.

Norelius & Norelius, Denison, for appellee.


PETERSON, Justice.

This is an action at law to recover upon three trade acceptances totaling $737.07 which were executed and delivered by defendant to Aluma-Glo Corporation of America and later sold, for valuable consideration, before maturity, to plaintiff. When presented for payment by plaintiff, defendant refused payment. Plaintiff commenced this suit. The case was submitted by the trial court to the jury and a verdict was rendered in favor of plaintiff for the...

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