Fite v. First Nat. Bank of Seymour

The appellee bank instituted this suit to recover a balance of $7,600 alleged to be due it upon a promissory note executed in .the sum of $9,450 by Farmer’s Store by E. H. Pistole, manager; upon the back of which note was indorsed the following, “E. H. Pistole, J. W. Fite, F. M. Townzen, O. H. Harrison”; and bearing the following credits: “April 9, 1921, paid $664.95 ;” “April 9, 1921, paid $1,396.41.” It is alleged that Pistole suicided soon after the execution of the note, and was, at the time the note was made, and since, insolvent. The prayer is for a judgment against the other indorsers…