Farmers' Loan & Trust Co. v. McCoy & Spivey Bros.

Opinion by

SHARP, C.

The sole question necessary for determination of this case is whether or not the note sued on is a negotiable instrument. Omitting indorsements, the note is as follows:

“Oklahoma City P. O. Chicago, 111., Dec. 36, ’08.

“For value received we promise to pay to the order of the Equitable Manufacturing Company (Not Incorporated), Chicago, 111., three hundred seventy four dollars and forty cents ($374.40), at Chicago, 111., in four installments, payable as below :

A discount of 5 per cent, will be allowed if paid within fifteen days from date. Installments after maturity draw 6…