Schram v. Johnson

The note in suit, in which the plaintiff is the payee, bears date of July 18, 1921, and purports to be signed by both defendants. The defendants filed separate answers. The defendant Baker pleads forgery. The defendant Johnson admits the execution by him of said negotiable instrument, and pleads material alteration. He avers, in his answer, that, since the execution and delivery by him of said promissory note, the same has been materially altered in a material part, to the material benefit of the plaintiff, who is the payee therein; that the alteration of said note complained of was the…