Clarence v. Schaffer and Katherine Schaffer v. United States

This case was heard upon the record, briefs and argument of counsel for the respective parties;

And it appearing that the only material factual issue presented by the pleadings is whether the First Baneredit Corporation, from whom the appellee United States acquired the negotiable promissory note herein sued on, acquired the note from the payee before maturity so as to make it a holder in due course not subject to the defenses alleged in appellants’ answer; Schaffer v. United States, 6 Cir., 216 F.2d 330;

And appellee having filed in support of its motion for summary judgment the affidavit of…