Federal American Nat. Bank & Trust Co. of Washington v. Scott

NEALON, Chief Justice.

Cary A. Hardee, as receiver of the Federal American National Bank & Trust Company, of Washington, a national banking association, sued appellee, R. E. Scott, upon a note for $320 principal, with interest thereon at the rate of 8 per centum per an-num from July 23, 1932.

The note was in renewal of a balance due on a note originally in the sum of $750. The original note was payable to Maddux, Marshall, Moss & Mallory, Inc., was dated April 5, 1927, matured June 6, 1927, was indorsed by said corporation, and discounted before maturity (April 19, 1927) with the Merchants Bank…