Davidson v. First National Bank of Georgetown

Reversing.

With some variations this is a companion case to that of Crutchfield v. Robinson, 208 Ky. 354.

The same E. Bryant Crump mentioned in that opinion, at about the same time and under similar circumstances, sold upon two different occasions shares of stock in the Crump Oil Gas Company to appellant Davidson, the notes executed for which are the subject of this litigation.

On March 19, 1920, appellant purchased from Crump $1,000.00 worth of shares in that corporation, and in payment for same executed and delivered to Crump his negotiable note for $1,000.00, payable one year thereafter at a…