Straughan v. Fairchild

— Complaint by the appellee against the appellant upon a promissory note, alleged to have been made in. Ohio and endorsed by the payee to the appellee before maturity and for value. The law of Ohio is also pleaded, under which the note was negotiable as an inland bill by the law merchant.

The appellant answered by pleas of partial and entire want of consideration, and alleging that the note was assigned to the appellee as collateral security for a pre-existing debt of the payee to the appellee. Upon demurrer for want of facts, these answers were held insufficient.

The important question in the…