Sacred Heart Church Building Committee v. Manson

Action by appellee — as alleged innocent transferee (holder), for value, of a promissory note — against appellants; judgment being accorded plaintiff.

The instrument declared on is thus reproduced and described in the bill of exceptions ;

“$5,000.00. Cullman, Ala., April 17, 1914.

“April 17, 1915, days after date, we promise to pay to the order of German Bank of Cull-man five thousand dollars, value received, with interest from date at 6 per cent.- payable semiannually until paid. Payable at the German Bank of Cullman, Ala.

“The makers and indorsers of this note hereby expressly waive all right…