Robertson v. Owensboro Savings Bank & Trust Co.

Opinion op the Court by

Judge Carroll —

Affirming..In April, 1908, the Owensboro Savings Bant & Trust Co., became insolvent and was placed in the hands of a receiver. Among the assets of the bant that came into the possession of the receiver were two notes, one for $500, and the other for $1,000, .executed to the bant by the appellants in 1907, and this action was instituted on! these notes by the receiver.

_ For defense the appellants set up that the notes sued on were renewals of two notes of lite amounts executed by them to the bant in the early part of 1906 for ten shares of stoct in the…