Berwyn State Bank v. Swanson

Plaintiff, the holder of a promissory note for $3,750 in which it was named as payee, brought this action thereon *142against the defendants, Joseph S. and Charley A. Swanson, makers of said note.

The defendants admitted the execution of the note, and for defense alleged that it was the second renewal of a note for a like amount executed by them to the Douglas Motors Corporation; that said original note was procured from them without consideration by means of false and fraudulent representations; that after its execution said note had been fraudulently altered by inserting therein, after the name…