First National Bank v. Pond

This is an action upon a promissory note for $1,125, executed by appellant to Hibbard Bros., Inc., and transferred by that corporation to respondent by way of security. The appeal is taken from a judgment in favor of respondent entered upon a directed verdict. The principal specifications of error, and the only ones which we will expressly notice are as follows: (1) Directing a verdict in respondent’s favor, (2) rejecting appellant’s offer to prove that the corporate charter of Hibbard Bros., Inc., was duly forfeited by .the state on December 1, 1919.

At the conclusion of the evidence the…