M & M Securities Co. v. Dirnberger

1 Reported in 250 N.W. 801. This is an action on a promissory note dated July 15, 1931, made by the defendant to the Brown-Jaspers Company, Inc. and by it indorsed before maturity to the plaintiff. There was a verdict for the defendant. The plaintiff appeals from the order denying its alternative motion for judgment notwithstanding the verdict or a new trial.

1. 2 Mason Minn. St. 1927, § 7247, is as follows:

"No person, nor the heirs or personal representatives of any person, whose signature is obtained to any bill of exchange, promissory note, or other paper negotiable under the law merchant,…