Smith v. Alexander

This was an action on the following instrument: “ $500. St. Louis, Mo., July 22, 1855. Ninety days after date, I promise to pay to the order of Messrs. Smith & Co., five hundred dollars, for value received, negotiable and payable without defalcation or discount. [Signed] J. H. Alexander, Treas’r Ohio & Miss. R.R. Co.”

On the trial, the plaintiff having read the note in evidence, the defendant introduced testimony showing that he was the treasurer of the Ohio and Mississippi Railroad, and tending to prove that the note sued on was given by him in liquidation of an indebtedness due to the…