Scotland County National Bank v. Hohn

Action on two promissory notes each, dated November 25, 1905, for $150, payable March 20, 1906, and May 20, 1906, after date, for value received to order of Planters’ Register Company, at Scotland County National Bank, of Memphis, Missouri, with compound interest at the rate of eight per cent per annum. Both notes were indorsed on the back,“Planters’ Register Co., by C. H. Allison, with power of Atty.” They were purchased by the Scotland County National Bank, plaintiff in the action, for $282, or at a discount of six per cent or $18 from the face of. the notes. Such was the testimony of the…