Owensboro Savings Bank & Trust Co.'s Receiver v. Haynes

Opinion op the Court by

William RogeRs Clay, Commissioner

Reversing.

■ On November 21, 1904, the Deanefield Coal Company executed and delivered to Guy M. Deane its promissory note, by which it agreed and promised to pay to said Deane, on January 10, 1905, the sum of $1,255.98. *535Tbe note was indorsed on tbe day of its daEe by Gny M. Deane, W. S. Wilson and Cray Haynes. It was first discounted by tbe Carterville State & Savings Bank of Car-terville, Illinois. Thereafter, and before maturity, tbe note was discounted by tbe Owensboro Savings Bank & Trust Company, and tbe sum of $1,292.60 paid…