Baskett v. Ohio Valley Banking Trust Company

Opinion op the Court by

Judge Dietzman

Affirming.

The facts of this case are these: On December 16, 1922, the appellant executed his negotiable note in the sum of $10,000.00 due six months thereafter, payable to the Green Biver Jockey Club or order, and delivered it to his brother, Lee Baskett, who was the president of the jockey club and its active manager. The note was given in payment, for 1,100 shares of the capital stock of the jockey club, of which the appellee was the registrar, and the stock book of which it had in its control and custody. Thereafter, Lee Baskett signed his name- on the…