Banner Meat Co. v. Rieger

Before its maturity, the respondent purchased a promissory note which had been made by appellant and which had been obtained by fraud. The trial court held that there was nothing in the testimony tending to show that respondent had purchased in bad faith or without consideration, and instructed the jury to bring in a verdict for respondent for the amount due on the note. The correctness of this ruling is the chief question involved in this appeal.

*143The note in question was for $5,000, was executed by the' appellant, and made payable to the order of one G. K Ingalls, Jr., due in six months after…