Intermountain Ass'n of Credit Men v. Pierce

The Intermountain Association of Credit Men, a corporation, brought this action to recover judgment upon four promissory notes aggregating $969.14, signed by the defendant, A. J. Pierce, with one C. E. Topliff, payable to Smith-Faus Drug Company, and assigned to plaintiff for collection. It is- conceded that the notes were subject to any defense which could be made against the original payee.

The defendant admitted signing the notes, but pleaded as an affirmative defense that his signature was secured by false and fraudulent representations made by the SmithFaus Drug Company through its agent…