Pollard v. Tobin

The following opinion was filed March 7, 1933 :

Fowler, J.

The bank claims (1) that the bonds are negotiable and (2) that under the evidence they are holders thereof in due course and entitled to enforce them against the maker.(1) The bonds are payable to bearer, and each is an unconditional promise to pay a sum certain in money, unless the provision below quoted renders the amount uncertain. Sec. 116.02, Stats. The provision, the clauses of which are numbered for convenience, is as follows : “ (1) to which deed of trust reference is hereby made with the same effect as though recited at length…