State Bank of Tabor v. Kelly

One W. It. Coats, a director of plaintiff bank, negotiated tbe loan represented by tbe note sned upon, taking tbe note, together with tbe mortgage securing it, in bis -own name. He afterwards transferred them to tbe bank. Subsequently to tbe transfer, Coats looked after tbe matter for tbe bank, and received tbe various payments made by defendant. Tbe petition is in tbe usual form. Tbe answer avers payment, and sets out tbe various amounts, and dates thereof, for tbe payment was in installments. Among tbe other allegations of tbe answer is this: “On October 25, 1893, tbe defendant, Isaac…