Traders' National Bank v. Hermer

This is an action to recover the balance of principal and interest due on three promissory notes made and executed by the defendant in favor of plaintiff on various dates prior to December 14, 1915. There was a verdict and judgment in favor of plaintiff and defendant has appealed.

The execution and delivery of the notes is admitted and there is no contention as to the amount involved in the suit. The facts show that on said date an involun-. tary petition in bankruptcy was filed against defendant and, thereaftef, on December 24, 1915, defendant was duly adjudged a bankrupt; that all of said…