Baum v. Nord

Action by appellant against appellees for the balance due on a note executed tq the Welfare Loan Society of Fort Wayne, Indiana, and, by the receiver of such society, transferred and assigned to appellant, after maturity, by indorsement in writing, and, as appellee contends, after it had been paid and canceled in accordance with an agreement made at the time of its execution. This note was for $2,500, with interest and attorney fees. To secure the payment of this note, appellee deposited with the payee, as collateral security, certificates of stock for twenty-two shares of preferred stock in…