Farmers Savings Bank v. Grange

Faville, C. J. —

On May 19, 1919, appellant executed his certain promissory note in the principal sum of $1,000, payable to appellee. On October 28, 1920, the note in suit was executed, it being for $1,118.16, the amount of principal and interest due on the former note. Appellant contends that the original note was procured from him by one Barringer, as the purchase price of certain shares of stock in a corporation organized under the laws of the state of Colorado, and known as the “Submersible Boat Company. ’ ’ . The evidence of appellant tends to show that, on or about the time of the giving…