Gansevoort Bank v. Gilday

This action is brought for the recovery of $510.17, together with interest, on defendant’s note, dated October 25, 1904, to the order of plaintiff and payable six months after date. Defendant admits the making of the note and also that nd part of same has been paid, but sets up as a defense thereto that he never received any value therefor and that plaintiff is not the holder thereof in due course for value. Upon the trial, before the court without a jury, defendant testified that he made the note in question and delivered it to one Dresser for the latter’s accommodation, and that he knew…