Bank of United States v. Foreman

THOMPSON (R. L.), J.

This is an appeal by the plaintiff from an unsatisfactory judgment in its favor upon several promissory notes.

September 9, 1925, the Cox-Klemin Aircraft Corporation of New York executed, unconditionally indorsed and transferred to the plaintiff for a valuable consideration nine promissory notes for $5,000 each. Prior to the transfer they were each indorsed by the defendant. The notes were in the following form:

“$5,000.00 New York, Sept. 9, 1925.

“Sixty days after date we promise to pay to the order of Cox-Klemin Aircraft Corp. Five thousand & no/100 Dollars, at Bank of…