Mackenzie v. Eschmann's Executors

Opinion op the Court by

William; Rogers Clay, Commissioner

Affirming on the cross-appeal and reversing on the original appeal.

On July 25,1911, F. W. R. Esehmann and E. A. Eschmann executed and delivered to E. F. Dunstan their promissory note, whereby they agreed to pay to the order of E. F. Dunstan, on or before thirty days after the date thereof, the sum of $7,500.00, with interest at the rate of six per cent, per annum. The note was secured by 130 shares of the capital stock of A. Engelhard & Sons Company, a Louisville corporation. 'The note bears the endorsements of E. F. Dunstan and H. L.…