Mobley v. Childers

Mobley, as superintendent of banks of the State of Georgia, sued Childers tad White as indorsers on a promissory note. The principal maker of the note was not sued, as he was a nonresident of the State of Georgia. Childers in his plea said he “admits the execution of the note sued on, that the plaintiff is the holder thereof, and entitled to sue, and that this admission is made for the purpose of obtaining the opening and concluding argument to the jury.” In a subsequent paragraph of the plea the defendant alleged that “there is no liability on his part to the plaintiff, for the reason that…