Newman v. . Frost

So far as the questions arising upon this appeal are concerned, this action is upon a promissory note for $300, made by the defendant and delivered by him to the plaintiffs, and payable to them or bearer.

One of the defences set up by the answer is that it was so made and delivered for the accommodation of the plaintiffs, and that there was not at any time any consideration or value for the same.

The finding of fact is that the note was made in consideration that the plaintiffs would execute a draft or bill of exchange on the Watkins Sanitarium Company for the same amount as the note; and that…