Thomas v. City National Bank

Irvine, C.

The'plaintiff in error sued the defendant in error, a national bank, alleging that on January 21, 1889, one EIsmore and one Knowlton made and delivered to Charles H. Paul certain promissory notes secured by real estate mortgage of the same date; that Paul in the ordinary course of business indorsed and delivered the notes to the bank; that the bank executed and delivered to plaintiff a guaranty as follows:

“ For value received, we hereby assign and transfer the within note .to Joseph Thomas, trustee, and guaranty payment of the principal and interest on the same on the terms alud…