Citizens' Bank v. Shaw

TRIEBER, District Judge.

This is an action at law by plaintiff on a negotiable promissory note executed by the defendants to the Trinity Drilling Company, a corporation existing under the laws of the state of Texas, from whom the plaintiff, it is alleged, purchased it in good faith, for value, before maturity, and is now the holder thereof in due course; that on maturity payment was demanded, but not paid, nor any part thereof.

Defendants, in their answer, among other defenses, pleaded in paragraph 2:

“For further answer and defense these defendants allege that the said Trinity Drilling Company…