Citizens Bank of Edina v. Kriegshauser

This is an action upon a negotiable promissory-note for the sum of $2000 and interest, executed by the defendant on March 30, 1917, payable to the order of one E. E. Nance two years after the date thereof, and which was by the payee transferred by indorsement to the plaintiff bank. The petition is in the usual form. The answer admits the execution of the note by defendant, denies generally the other allegations of the petition, and specifically denies that plaintiff became the holder of the instrument in due course.

The answer further alleges that there was no consideration for the execution…