Smith v. Langmaack

This case involves the validity of a joint and several promissory note made and executed by the defendants, who are husband and wife, to the plaintiff. Defendant IT. Langmaack defaulted and respondent Klara Langmaack alleged in her answer, in substance, that prior to the execution of the note the defendant LI. Langmaack had been adjudged a bankrupt-, and while said bankruptcy proceedings were pending the plaintiff secured from the defendants this note upon the agreement that if the note were given, plaintiff, who was one of the creditors, would not appear in the bankruptcy proceedings nor…