Ohio Valley Banking & Trust Co. v. Great Southern Fire Insurance

Opinion op the Court by

Judge Thomas

Affirming.

On October 10, 1910, A. H. Harding executed bis note to P. H. Canary, by wbicb be agreed to pay -tbe latter, *695on January 1,1911, the sum of $7,500.00, the note being negotiable and payable at the Planters State Bank (hereafter referred to as the bank), it being a banking corporation doing business in the city of Henderson, Kentucky. The note was executed in part payment for a tract of land and was a lien upon it. • Before the maturity of the note Canary in due course negotiated and transferred it to the bank, and it held the note until March 11,…