C. I. T. Corp. v. Vadenais

The plaintiff sets forth in his declaration, that the defendant made a promissory note with conditional sales contract to the Kane Furniture Company; that the Kane Furniture Company endorsed the aforesaid note and conditional sales contract to the plaintiff for valuable consideration ; the plaintiff is a holder in due course thereof; that at maturity, the plaintiff demanded payment from the defendant but the defendant has refused to comply with such demand and otherwise refuses to pay the amount set forth in the aforesaid note and conditional sales contract. *335Wherefore the defendant owes the…