Anglo-California Trust Co. v. Wallace

This was an action brought to recover judgment upon certain promissory notes executed by the defendants, who were doing business under the firm name and style of George J. Wallace & Company. The notes were four in number and were in the principal sum of five hundred dollars each, and were made payable to their codefendant, Emma B. Freeman. They were all executed on August 29, 1919, and matured thereafter in two, three, four, and five months, respectively. On the twentieth day of October, 1919, and prior to maturity thereof, they were indorsed by the payee to respondent, Anglo-California Trust…