Odom v. Cedar Rapids Savings Bank

J. B. Odom executed and delivered his five several promissory notes of $55 each, payable to the Seranado Manufacturing Company, which sold them to the Cedar Rapids Savings Bank. The notes were not paid when due, suit was brought in the county court of Carter county by the Cedar Rapids Savings Bank, praying judgment on the notes, and alleging that it purchased the notes from the Seranado Manufacturing Company in due course for value prior to maturity and that it was at the date of the commencement of the action the owner and holder thereof. The defendant filed his verified answer, admitting…