Farr-Barnes Lumber Co. v. Town of St. George

March 4, 1924. The opinion of the Court was delivered by Action by the transferee of a promissory note against the maker. The trial Court directed a verdict for the plaintiff. The defendant's appeal turns upon the question of whether there was error in the Court's ruling that upon the evidence presented the plaintiff was a holder of the note in due course, against whom the defenses interposed by the defendant were not available.

The note was made by he defendant, the Town of St. George, to one L.S. Traxler on August 12, 1920, and in form and tenor is as follows:

"November 15, after date for…