Cowles v. Wells

* Corpus Juris-Cyc. References: Banks and Banking, 7CJ, p. 553, n. 2; p. 757, n. 55; Bills and Notes, 8CJ, p. 1071, n. 74; Rediscounted Note, 34Cyc, p. 767, n. 36. This action is on a promissory note. The case was tried by the court, without the aid of a jury. Plaintiff recovered judgment in the trial court and defendant appealed.

The Auxvasse Bank was a banking corporation located in Callaway county.

The note was executed by defendant to the Auxvasse Bank for $2000, with eight per cent. compound interest from its date of June 21, 1924, due on demand. It was transferred to plaintiff by the…