Danbury Trust & Savings Bank v. Weber

On August 2, 1920, appellant executed and delivered to appellee' his promissory note for $4",500, due on or before October 1, 1920. As collateral security to said note, ap-peliant delivered to appellee the note of one Wennblom for"' $4,500, dated August 2, 1920, and ciue October 1, 1920, bearing interest at eight per cent. Appellant alleges that the Wennblom note was delivered to appellee as collateral security for his debt, and further alleges that, without the authority, consent, or knowledge of appellant, the appellee canceled said note and returned it to the maker and extinguished the…