Coon v. Smith

LINDLEY, District Judge.

In a special count the averments of the plaintiff disclose the following facts: On the 21st day of December, A. D. 1931, plaintiff entered into an agreement with the First Kfhtional Bank of Champaign, whereby, in consideration of the purchase by her from the bank of five United States treasury notes, then worth on the open market $3,500 each, at their face value of $10,000 each, the bank agreed that upon demand it would repurchase from her the notes so sold at the said principal amount, together with interest accrued thereon. Thereafter the said bank, at her request,…