First National Bank v. Vaughn

The opinion of the court was delivered by

Marshall, J.:

This is an action on a negotiable promissory note. Judgment was rendered in favor of the defendant. The plaintiff appeals.

The petition alleges that the note was duly indorsed, transferred and delivered to the plaintiff before maturity, for value; that the plaintiff is the owner and holder thereof in good faith; and that no part of it has been paid. The note was signed by the defendant, was made payable to the order of the Colorado-Wyoming Coal Company, and bears the following indorsements:

“Payment guaranteed; protest waived. The…