Deeg v. Barnes

In 1920 one Hoeck executed and delivered to one Billington his promissory note for $18,250 in payment for certain real estate equities. Billington desired to- raise money on this note for the purpose of enabling himself, William H. Barnes, and one Mall to buy an interest in a bank in North Dakota. Billington, Barnes, and Mall endeavored to negotiate the note in Minneapolis while on their way to North Dakota, but were unable so to do. Billington remained in North Dakota negotiating for *296the proposed purchase of the 'bank, and Mall and Barnes returned to Huron, S. 'D., where all three resided,…