Cowboy State Bank & Trust Co. v. Guinn

This is a suit instituted by appellant against appellees in the district court, of Fisher county, upon a promissory note, payable to appellant, dated December 17, 1911, payable March 17, 1912, bearing interest at the rate of 10 per cent, per annum-from maturity, with the usual stipulation for-10 per cent, attorneys’ fees. The appellees-answered by general and special demurrers, general denial, and pleaded failure of consideration. They further allege that Arlon. B. Davis, the president of appellant corporation, fraudulently represented to them that the capital stock of appellant bank had been…