Nat'l Banking & Ins. v. Knaup

This was an action on the following instrument of writing ¡

“$750. For value received in policy No. 1, dated the 23i’d day of October, 1865, issued by National Banking’and Insurance Company, I promise to pay said company the sum of seven hundred and fifty dollars in such proportions, and at such time or times, as the directors of said Company may agreeably to their act of incorporation require.

F, Knaup.”

The defendant filed an amended answer setting up several different and distinct defenses. The plaintiff demurred to the answer, and the demurrer was sustained to all the defenses except the…