Prudential Trust Co. v. Moore

The cases against Moore and Barrett are actions at law, and those against the other defendants are suits in equity to reach and apply assets. They were brought to recover on certain promissory notes, each for the sum of $12,500, dated May 4, 1920, payable on demand to the Prudential Trust Company, and admittedly signed by the defendants respectively. The defence set up in each case was lack of consideration and fraud. The causes were tried together; issues for the jury on these defences having been framed in the equity suits. The plaintiff rested after putting the notes in evidence. The…