First National Bank v. Singer

Per Curiam,

Appellants executed a note February 3, 1932. Thereafter it was renewed fourteen times before an action was instituted to recover the amount thereof, with interest. At the trial in the court below, appellants offered to prove a fraudulent promise, failure of consideration and other defenses which, as appellants state, “were made prior to the signing and delivery of the first note,” on February 3,1932. The court below held, “Where the defendants in an action such as this have had knowledge of alleged fraud or partial or total failure of consideration when renewing the note, or notes,…