Citizens Bank v. Willis

The Citizens Bank of Tifton brought suit against W. H. Willis and others as securities on a note dated October 20, 1909, and due January 20, 1910, given it by the Farmers Supply Company, which had failed and ceased to do business. The defendants admitted the execution of the note, but filed a plea of accord and satisfaction. The plea set up that on January 11, 1910, one of the defendants, who was also president of the Farmers Supply Company, delivered to W. L. Yeomans, cashier of the plaintiff bank, in lieu of the $3,000 note sued and another note for $2,000, two notes for $2,500 each,…