Wright v. Gerber

Appellant filed this action against respondent to recover upon a promissory note executed by respondent, made payable to the Paysee Investment Company, and by the latter company sold and delivered to appellant. Respondent’s defense was that the note was obtained by the investment company by fraud and misrepresentations, and failure of consideration in that the Paysee Investment Company had failed to comply with the terms of a written agreement entered into by and between said company and respondent wherein it was set forth, among other things, that when the purchaser (respondent) of certain…