Peoples State Bank v. Hoisington Cooperative Mercantile Manufacturing Ass'n

*63The opinion of the court was delivered by

Dawson, J.:

Plaintiff brought this action to recover on an indebtedness of $2,500 evidenced by three promissory notes, the first of which evidenced the original obligation to the plaintiff bank. The second and third notes were successively given as collateral to the first and covered the same indebtedness.

There was some difference of identity in the personnel of the officials who signed the three notes for the defendant association, and the groups of individual signers or endorsers of the three notes were not quite identical.

The obligors of the first…