Stokes v. Farmers' Bank of Hardy

Kirby, J.,

(after stating- the facts). Appellants insist that the court erred in not holding the note invalid as executed for accommodation of the bank, with the understanding it was not to be paid and without consideration.

The testimony showed that the- president of the bank, Metcalf, who had just taken charge of the bank’s affairs to save it if it could be done, Avas not responsible for its condition any more than appellants, that he stated the bank’s condition to them and the necessity for the contribution or assessment in order to prevent and avoid the necessity for assessments against the…