Petroleum Producers Ass'n v. First National Bank

Actions were instituted by the First National Bank of Yan Burén in the justice court on certain promissory notes executed separately by J. L. McLeroy, J. C. Armstrong and F. L. G-reenstreet. -Some of the notes were made payable to the Rose City Petroleum Corporation (hereafter called corporation), and some were made payable to “myself,” and the name of the maker indorsed on the notes. ' The total amount of the several notes was about $400. It is alleged that the notes were given to one Carl Shibley, a.stock salesman for the corporation, and that he indorsed the name of the corporation on all…