Graffenreid v. Kundert

Balthaser Schneider died testate in July, 1884, bequeathing a specific legacy of $1,000 to appellee and the residue of his estate to his nephews and nieces. Budolph Y. Graffenreid was named as his executor and qualified as such. A part of the assets of Schneider’s estate was a certificate of deposit of F. Byhiner & Go., bankers, for $1,800, dated January 8, 1884, due three years after date with six per cent per annum, interest. In January, 1885, the executor induced appellee to take the certificate and give him in exchange $800 cash and a receipt for her legacy. He indorsed the certificate as…