Ferguson v. Bank of Dawson

The Bank of Dawson, as holder in due course, brought suit on a promissory note against Ferguson. The defendant filed his verified plea and answer setting up that he was not indebted on the note; that the indorsement of the payee thereon was not genuine; that the bank was not a bona fide holder in due course, for value and without notice, of the contract sued on; that the note was wholly without consideration, and the defendant received nothing from the original payee, and was and is due him no sum whatever; and that the note was given to the payee as payment for 100 shares of the stock of the…