Chelsea Exchange Bank v. LaHiff

The action was brought against the defendant? appellant, as the indorser of a promissory note made by one Benjamin B. Green, payable to the order of Nikola Chemical Co., Inc., at the plaintiff bank. Before delivery of the note the defendant LaHiff indorsed the same, and it is alleged in the complaint that the note was thereafter duly delivered by said Green to the payee for value, and that the said payee thereafter and before maturity of the note duly indorsed and delivered the note to the plaintiff for a valuable consideration. The complaint alleges that at the maturity of said note the same…