Richardson v. Merchants' & Planters' Bank & Trust Co.

Appellee sued appellant and his nephew, Keelie Richardson, on a joint promissory note executed by them to the appellee bank for $2,500, and, on July 12, 1933, obtained a decree against both in the sum of $3,165.41, with interest from that date until paid at 8 per cent, per annum. Keelie Richardson has not appealed.

For a reversal of the judgment, appellant first contends that he was induced to sign the note through the fraud of appellee, in that appellee’s officers promised him that he would not be held liable on the note. In the first place, this defense cannot be availing, for it runs…