A. Lorenze Co. v. Penn-Louisiana Oil & Gas Co.

This is a suit on a promissory noté for $3,200. The demand was rejected, and the plaintiff has appealed.

The vice president of the defendant corporation signed the note for the corporation, because the president, A. Lorenze, was president also of the A. Lorenze Company, to whom the note was made payable.

One of the defenses to the suit is the plea that A. Lorenze had the note made payable to the A. Lorenze Company, instead of having it made payable to himself, by deceiving the vice-president, and that Lorenze’s purpose was to evade a debt which he owed to the defendant. The plea was, in a…