Mid-West State Bank v. Struble

The original plaintiff will be referred to as such, though the action is now prosecuted by its receiver. The note sued upon was originally made to" W. J. Donlin. Donlin indorsed it to" plaintiff, as collateral security for a loan made by plaintiff to Donlin. Donlin procured the note sued upon by fraud. Plaintiff is a holder in due course.

I. Defendant’s main contention is that plaintiff extended tbe time of payment of the .note given by Donlin to plaintiff, for which Donlin pledged defendant's, note as security; that such extension of Donlin’s note was without the consent of the defendant;…