Pearson v. Southall Brothers

The receiver of the National Bank of Franklin has appealed from the decree denying recovery of Southall Brothers, as makers of a promissory note for $3606, dated December 31, 1924, payable to the order of said Bank.

The defendants admitted the execution of the note, but alleged that E. E. Green, the cashier of the Bank, was indebted to them for about $4067, exclusive of interest, for lumber and other materials ; that they owed him about $3300 for timber and about $300 on some' notes held by him, secured by lien on land previously purchased by them; that at Green’s request they gave him the…