St. Mary Bank & Trust Co. v. Sims

This was a suit against one of the joint makers of a promissory note. The answer is that the defendant’s firm .name was signed to the note by one of the members of the firm “without the knowledge or consent of any other member of said firm; that this act was never approved or ratified by said firm or any other member thereof; that said firm derived no benefit or advantage from the maker of said note; that no member of firm ever derived any benefit or advantage from said :act; that said note was not drawn by said James M. Simms (one of the members of the defendant firm) for the benefit of said…