Continental Bank & Trust Co. v. Adamson

TALIAFERRO, Judge.

Alleging itself to be the holder in due course and for a valuable consideration of two promissory notes of the defendant, for $120 each, dated May S, 1930, and due May Sth and August 5th, 1933, respectively, plaintiff bank, now in liquidation, brings this suit to recover judgment thereon, with interest and stipulated attorney’s fee of ten per cent.

Defendant denies that plaintiff is the bona fide holder of said notes and that they were acquired by it for value before maturity. Specifically, the suit is resisted on the ground that the consideration for which the notes were…