Bedinger v. Citizens' National Bank

Opinion op the Court by

Judge McCandless

Affirming.

J. C. Bedinger, J. C. Gordon, A. R. Johnson and A. L. Reeves, each executed his several promissory note to Frismnth Brothers, a corporation, for the purchase of stock. These notes were assigned and endorsed by Frismuth Brothers before maturity to the Citizens’ National Bank as collateral security on a loan. Not being paid the bank filed separate actions against the makers in the Boone circuit court. The defendants answered, pleading fraud in the execution of the notes, also no consideration. This was not denied by the reply, which alleged that…