Baird v. Keitzman

This is an action upon a promissory note brought by the receiver of the indorsee bank. The complaint alleges the execution of the note by the defendants to the LEichigan City Bank, its transfer by the payee to the Bartlett State Bank before maturity and for value. It then alleges the insolvency of the latter bank and the appointment of the plaintiff as receiver and prays judgment for the face of the note, $670, with interest. The defendants, other than Keitzman, joined in an answer admitting the execution of the note but denying that it was executed for value; also, alleging that it was…