Farmers State Bank v. Keiser

JONES, Circuit Judge.

The plaintiff bank brought this suit against the defendant on a promissory note signed by the defendant and four other persons who were not named as parties to this action. The cir cumstances leading up to the execution of the note involved herein are, briefly, as follows: The defendant and a partner were manufacturers of a strato-steam cleaner for washing grocery carts. They negotiated a sale of a used steam cleaner with two persons, Bowden and Waterman, and agreed upon a price of $3,000 for the steam cleaner and an exclusive franchise to operate in a certain…