Corinth Bank & Trust Co. v. Wallace

This was a suit by appellant, as transferee for value, against appellee upon a promissory note executed by appellee to one J. J. Lawler.

Appellant’s testimony was to the effect that it was an innocent purchaser' for value of the note in question, and that same was unpaid, while appellee’s testimony'was to the effect that he had fully paid the note to the said Lawler, who was expressly authorized by appellant to collect same, and was to the further effect that the proceeds of the collection were by Lawler paid over to appellant.

A very great, and, to our way of thinking, unnecessarily large,…