Security National Bank v. Bigelow

Favillé, J.

-The three appellants, together with one Bige-low and one Kenyon, were personally interested in certain land deals. They borrowed $12,000 to carry on said transactions. They gave four notes therefor of $3,000 each, payable to Bige-low. He indorsed the notes, and negotiated oné of them to the plaintiff, the Security Bank of Mason City. As we understand the record, one was sold to a bank at Riceville. Two were held by the First National Bank of New Hampton. Kenyon was the cashier of the appellee ■ bank. Bigelow was the president of said bank. Kenyon has since died. There is nothing…