Bliss v. California Cooperative Producers

SCHOTTKY, J. pro tem.

The instant action was commenced in December, 1933, upon seven promissory installment notes, each having a separate maker, the payee of all of the notes being California Cooperative Producers, a corporation, which had contracted with the various note makers, and others, to can and process crops of cling peaches to be grown by the various note makers. The respondents are transferee of the seven installment notes, California Cooperative Producers having pledged them to respondents to secure the payment of a $5,000 note executed by that corporation payable to the order of…