Lincoln Bank v. Gem City Wholesale Grocery Co.

Opinion by

Mr. Justice Walling,

In November, 1921, the Lincoln Bank of Erie held the overdue notes of the Gem City Wholesale Grocery Company, a corporation (herein called the Grocery Company), for $3,129.35 and declined to renew or extend the same without added security. Thereupon the Grocery Company took up the old notes with a new judgment note for like amount, on the back of which was the following endorsement: “Erie, Pa.......19... For value received I or we hereby sell, assign, transfer and set over unto the Lincoln Bank of Erie or order all my right, title and interest in the within note,…