Cawood v. Madison Southern National Bank & Trust Co.

Opinion of the Court by

Judge Thomas

Affirming.

At the time of the transactions here involved, the Madison National Bank & Trust Company was a national banking institution located in Richmond, Ky. Later, it liquidated its affairs and the appellee and plaintiff below, Madison Southern National Bank & Trust Company, absorbed its business and became the owner of its assets. Some time prior to May 10, 1930, G-. D.'Blevins applied to plaintiff’s predecessor for a loan of $1,500 and offered his mother as surety on the note. He was informed that the note so executed would not be .acceptable, whereupon…