First National Bank v. Union Ry. Co.

On October 12, 1922, the Tri-State Motor Sales Company sold one Maxwell car to J. H. Horton for $985. Two hundred and fifty dollars of the consideration was paid in cash, and twelve interest-bearing right and title notes of $62.41 each, payable one a month for twelve months, were executed for the balance.

On October 17, 1922, the Tri-State Motor Sales Company negotiated all of said notes, except the first one, to [the plaintiff, First National Bank.

Said automobile was turned over to Horton, and was being driven by him on the night of January 3, 1923, when one of defendant’s trains negligently…