Richardson v. Griner

John I. Purtle, Justice.

The trial court dismissed appellant’s suit against appellees for collection of a $5,000 promissory note. The court held that the appellant was not a holder in due course and took the note by assignment subject to the defense of set-off by the makers against an intervening assignee. Appellant argues: 1) the trial court erred in finding appellant was not a holder in due course; 2) the court erred in finding that appellant took the note without the rights of a holder in due course, and; 3) it was error to refuse to bar the appellees’ set-off claim. We disagree with all…