Hartford National Bank & Trust Co. v. Credenza

This is an action by the payee of a promissory note for $5000, dated February 3d, 1931, and payable four months after date, against the maker, Credenza, and an indorser before delivery, Champ. The trial court rendered judgment against both defendants, and the defendant Credenza alone appealed. The defense of the appellant is that his execution of the note, which he signed for the accommodation of the indorser, Champ, was procured by the misrepresentations of the latter and that the plaintiff did not take the paper in good faith and without notice of its infirmities, and was not therefore a…