Bank of Dallas v. Peterson

On and for some years prior to May 8, 1920, Henry Peterson, husband of the defendant Ethel C. Peterson, was the cashier of the Almena State Bank and was in*43debted to said bank on his note for $3,000. Some objection was made by the then commissioner of banking to said loan. On May 8, 1920, Mr. Peterson arranged to have his wife execute a note to said bank for the sum of $3,000, which he indorsed and put in the bank, replacing his former individual note for a like amount. This note of May 8, 1920, was renewed from time to time. On different occasions additional amounts were added until on or…