Smith v. Riddell

Riddell, the appellee, brought this action against one Fosbender and appellants, upon a promissory note, in the following form:

“Lacon, Marshall Co., Ill., Dec. 12, 1870.

“ Sixty days after date, we, or either of us, promise to pay Arch. Riddell forty-eight hundred dollars, at the First National Bank, Lacon, Ill., value received.

“$4800. Philip Fosbender,

William Smith,

Andrew Smith.”

Appellee executed and delivered to Fosbender or William Smith a paper, of the same date, describing- this note, and saying:

“ This note is given to me for the ‘ capacity tax/ so-called, for the months of October and…