Reeve v. First National Bank

The opinion of the court was delivered by

Reed, J.

This cause was tried at the Gloucester Circuit, The action was brought upon certain promissory notes, of which the following is a copy:

“ Glassboro, N. J., Dec. 18, 1890.

“$97.70/100

“ Three months after date we promise to pay to the order of Thos. Reeve at the First National Bank of Glassboro *209ninety-seven and 70/100 dollars without defalcation value received.

“Warrick Glass Works,

“ J. Price Warrick, Prest.”

Two additional notes, one for $90.80 and another for $140.10, were in the same form; each ivas endorsed by the payee and held for value by the…