Peterson v. Swanson

Appeal from an order denying plaintiff’s alternative motion for judgment notwithstanding the verdict or for a new trial.

Action on a promissory note dated December 22, 1922, due June 22, 1923, for $458.19, payable to the order of Commercial State Bank of Brainerd. Plaintiff claimed to be the owner and holder of the note as a purchaser thereof from the bank for a valuable consideration after maturity by transfer and delivery without indorsement, and conceded that the'note was subject to any defenses that defendant might have had as against the payee. The original note, of which the one in suit…