Farmers State Bank of Christine v. Merchants & Manufacturers State Bank

The complaint alleges that in January, 1920, defendant was plaintiff’s Minneapolis depositary; that plaintiff offered to buy and defendant agreed to sell “good bankable paper,” amounting to $2,000; that defendant forwarded to plaintiff a promissory note of $2,000; that plaintiff paid th'at sum to defendant; that the note was worthless, as defendant well know; that, with intent to defraud plaintiff, defendant falsely represented that the makers of the note were financially responsible; that plaintiff had no knowledge of the value of the note or the financial responsibility of the makers and…