Cosmopolitan State Bank v. Sommervold

Without consideration, and, perhaps, through fraudulent practices, defendant, an alleged incompetent, signed blank promissory notes at the request of one Louis Wurzinger, who filled in the amounts and his name as payee. The day the notes were so signed, or the day thereafter, Wurzinger disposed of one of them to plaintiff, indorsing the same without recourse. The note was for $750, due in 4 months, and drawing interest at 10 per cent. The action is on this note, and the defense was that the note had been obtained iby fraud, without consideration, and that plaintiff had full knowledge thereof…