Cozad State Bank v. McLaughlin

Defendant appeals from a judgment on a note. The verdict was instructed by the court at the end of evidence on both sides.

*88The note was a demand note for $4,000, made by defendant in favor of plaintiff and dated November 21, 1932. Defendant had first made a like note in favor of plaintiff in October, 1926. About every six months the existing note would be taken up by a renewal signed by defendant and delivered to plaintiff, who was the payee in all of them.

Defendant pleaded that the original note and all renewals, of which the note in suit was the culmination, had been without any…