Navajo-Apache Bank & Trust Co. v. Wakefield

In this action the plaintiff (appellant), Navajo-Apache Bank & Trust Company, brought suit against the defendant (appellee), L. I. Wakefield, to recover on two certain promissory notes made and executed by the defendant, one for two hundred and fifty dollars and the other for seven hundred and fifty dollars. The notes are dated April 11, 1913, and are made payable on January 1, 1914. They are made payable to the defendant’s own order and bear his indorsement. The action was defended on the ground of failure of consideration and fraud in the -inception of the notes sued on. The defendant…