Hancock Savings Bank v. McMahon

—I. Each of the notes in snit was given on November 10, 1922. The larger note was given in renewal of a former note, and the smaller note was given for interest ac-crued on such former note. In our consideration of the case, we shall confine discussion to ' the $5,000 note. Our conclusion on that braneh of the case will be decisive of the other.

The note in snit was the second renewal of an original note given by this defendant to the plaintiff on October 28, 1921. In consideration thereof, the plaintiff surrendered a note of like amount which it had held against one Wencks. The defense…