Payne v. Power

J. M. Payne filed his petition against John Power and Frank G. Power, setting up that on or about the 6th of June, 1911, he was indebted to the Bank of Phenix City, Alabama, in the sum of $1,500, and desired to borrow such sum for the period of six months. Plaintiff was informed by the cashier of the bank that the defendant, John Power, had $1,500 which he was authorized to loan, and the plaintiff agreed to substitute John Power as his creditor instead of the bank, and was presented a note by the cashier, which he signed. Plaintiff had been president of the Bank of Phenix City, and had for…