Savings Bank v. Schaal

The appeal is from an order denying a new trial, after verdict for defendant, in an action upon a promissory note.

Plaintiff, a hank at Kewanee, Illinois, claimed to be a purchaser in good faith, for value and before maturity, of a $6,000 promissory note purporting to be made by defendant,. dated October 9, 1920, payable to the order of Murray Bros. & Ward Land Company on or before March 1, 1921, indorsed and payment guaranteed by the payee who also waived notice of dishonor and protest. The answer denied execution and delivery, and averred that, if any instrument in the form alleged had been…