Porter v. Fronheiser

Opinion by

Gawthrop, J.,

Assumpsit on a promissory note for $1,000.00 made by defendant to the order of himself and endorsed to Sides and Keon, who before maturity sold the note to plaintiff and transferred it by endorsement. The allegation was that plaintiff became the endorsee in due course before the maturity of the note and for value paid. The defense was that Sides and Keon procured the note from the maker by false and fraudulent representations. The consideration for which defendant gave the note was ia number of shares of stock iñ a corporation known as “The Franklin Operating Company. ’…