Taylor & Co. v. Nehi Bottling Co.

Taylor Company, Inc., of New York City, sued Nehi Bottling Company, a domestic corporation of the city of Dallas, on a negotiable promissory note for $180, one of a series of fourteen aggregating $2,530, remainder of the consideration for an automatic syruping, filling, and crowning machine, sold to defendant by Adriance Machine Works, a corporation of Brooklyn, N.Y. Plaintiff alleged that it was holder in due course, which carried the implication that it became holder before the note was overdue, that it took same in good faith for value and without notice of any infirmity or defect in the…