State Bank of Beaver County v. Hollingshead

MOFFAT, Justice.

This action is based upon a promissory note. Defendant is an indorser. The plaintiff sues for an unpaid balance of $2,750.97, with accrued interest. The face of the note was $5,000. The execution and delivery of the note are admitted. As stated by respondent, “there was only one issue before the court, and that was whether the note in question had been fully paid.”

In order to understand the position of the respective parties it is necessary to state briefly not only the material matters admitted and proved, but also some offered to be proved. This statement also reflects the…