Wood v. Henley

This is an action in assumpsit on certain promissory notes executed by defendant to the Presque Isle County Savings Bank, which notes were subsequently indorsed by the bank to the trustees of the segregated assets of the bank.

February 1, 1939, plaintiffs filed their declaration and claimed recovery on a note dated October 20, 1934, in the sum of $3,550, and one dated October 13, 1934, in the sum of $3,650. Defendant filed his answer and admitted the execution and nonpayment of the notes. Defendant also filed a claim for set-off and recoupment in the amount of approximately $5,000 for services…