Alpena National Bank v. Greenbaum

Defendants were sued on two notes made on June’ 21, 1883, and August 25, 1883, payable each in four months from date, to the order of plaintiff's cashier; the principal of the two notes making 82,177.19. The notes were signed by the Prentiss Lumber Company, and indorsed by Greenbaum and Epsteyn, who by the form of the paper became liable as sureties of the maker. Before the notes matured the principal maker failed, and gaye mortgages to George L. Maltz, the president and head of the plaintiff bank, but *158in his individual name, to provide, among other things, for paper held by the bank,…