Morgan v. Thompson

The opinion of the court was delivered by

Fort, J.

On October 31st, 1902, the plaintiff made his promissory note for $3,000 to the order of G. C. Mick, payable at the Secruity Trust Company of Camden, New Jersey. The note was without consideration. The note was subsequently endorsed by Mr. Mick and William J. Thompson and discounted at the Security Trust Company, the proceeds thereof being placed to the credit of Mr. Thompson.

The note not being paid at its maturity, the trust company sued the plaintiff upon it and recovered a judgment thereon, which the plaintiff paid, with interest and costs.…