Roldan v. Power

The material allegations of' the complaint are that the defendant Power made two promissory notes, dated February 1, 1893, payable to his own order, one for $2,120, at twelve months, and the other for $2,160, at sixteen months ; that Power indorsed and delivered both notes to the defendant Thurber; *433that Thurber thereupon indorsed the notes, and that they came to the possession of plaintiff.

The answer sets up three counterclaims, to which plaintiffs demur chiefly on the grounds: First, that they are not sufficient in law; second, that they are not.of the character specified in section 501 of…