Reardon v. Wood

On or about August 27, 1926, plaintiff loaned to the defendant Olympic Theatre Corporation SI,500, and took its promissory note for that amount, dated August 27, 1926, indorsed by the defendants Smith and Wood, payable August 27, 1927, at the Oneida National Bank, Utica, N. Y., with interest at ten per cent. Plaintiff accepted said note and before the due date thereof delivered said note to said bank for collection. On the due date said bank presented it for payment, payment was refused and the note was dishonored for non-payment. On the 29th of August, 1927, the first business day after the…