Portland Iron Works v. Siemens

One day before being barred by the statute of limitations, plaintiff commenced this action to recover upon a promissory note for $4,426.05, dated April 14, 1921, due one year after date. The instrument was executed by J. W. Siemens in favor of Saw Mill Engineering & Construction Co. On August 10, 1921, it was endorsed by Saw Mill Engineering & Construction Co. and P. Hill Hunter to the plaintiff. The execution, endorsement and nonpayment of the note are admitted. J. W. Siemens, maker of the note, made no appearance and default judgment was taken against him. The controversy, therefore,…