Bloomfield State Bank v. Seabury

1. This is an action against appellant as indorser upon a negotiable promissory note for $249 executed to him February 15, 1921, by one Norton. $198 of the consideration was the purchase by Norton at a public sale of some sheep belonging to appellee. The remainder of the consideration, $51 was evidently included in the note by mistake, as it represented the purchase price of some oats sold at the sale, in which appellant had no interest. The clerk of the sale was the cashier of appellee bank. The total amount for which the property of appellant sold at the sale was $751.10. A few days after…