Valley Savings Bank v. Mercer

This is a suit by the Valley Savings Bank of Middletown on a promissory note for $600. The makers of this note are the thirteen defendants and J. W. Downey. The note is joint and several dated April i ith, 1901, and payable one year after date to order of R. S. Delauder & Co. The following endorsements appear on it: “Received of J. W. Downey thirty-three 33-100 dollars on within note, and he is hereby released from any further payment on the same;” and “Received of E. D. Hobbs thirty-three 33-100 dollars on within note.” Neither of these was signed, but it appears by the evidence that Downey…