Van Sickle v. McArthur

BURKE, Judge.

This is an appeal from an order vacating a default judgment in an action upon a promissory note. The note, payable to the order of the Cavalier County National Bank of Langdon, was allegedly executed by the defendants, Alexander and Mary McArthur, on March 1, 1923. It was in the sum of $3,000 and was payable on December 1, 1923. When the bank failed, this note became one of the assets in the hands of a national bank receiver and it, together with other assets of about two-hundred thousand dollars face value, was sold at receiver’s sale to G. R. Van Sickle on August 26, 1930. Some…