Alfred Williams & Co. v. Wiltz

Plaintiff’s cause of action is based upon a trade acceptance in the sum of $200, drawn by The Otis Oil Burner Corporation upon the defendant under date of September 1st, 1925, and accepted by him on that date, payable sixty days after date. It was transferred to the plaintiff by indorsement without recourse on September 12th, 1925. The answer alleges that the execution of the trade acceptance was procured by false and fraudulent representations made by The Otis Oil Burner Corporation in connection with a certain contract entered into between such corporation and the defendant, and that the…