King v. Knudson

The note in suit was executed by E. W. Knudson, as principal, and Gilbert Knudson, as surety, unto John R. King, who died April 3, 1924, leaving the plaintiff, Jane R. King, as his surviving widow. On the back of the note appears the following indorsement: “Pay Jane R. King or order,” — which is signed by the payee. When said indorsement was made, is not shown by the record. The note bears date August 13, 1913, and is made payable “on or before the 13th day of August, 1916.”

At the time of the execution of the note, and continuously thereafter, E. W. Knudson, the maker, was the cashier of the…