Security Natl. Bank v. Kerkhoff

M'ISER, C.

Prior to January 20, 1921, B. J. Kerkhoff owed respondent Security National Bank $4,000 on his promissory note. On that date he signed a renewal note at the bank, and took it home to obtain the indorsement of his mother, Elizabeth Kerkhoff. He obtained her indorsement by telling her that it was payable to, and a renewal of a note to, the First National Bank, on which she was already surety. He then mailed the note to respondent bank. Within a few days after its date, it was received at the bank with the indorsement of Elizabeth Kerkhoff thereon and entered in the bills receivable…