Carter v. First Tr. Svgs. Bk. as Admr.

This was an action at law on a promissory note for $11,500.00 given by the defendant below, G. R. K. Carter, to George L. Rickard, commonly known as “Tex” Rickard, in his lifetime. The consideration for it was an advancement of moneys by Rickard, a sport promoter of New York, for the erection and operation of a race track for dogs. After Rickard died, the First Trust & Savings Bank, as administrator with the will annexed, made demand on Garter for the payment of the note. Carter refused to pay, claiming that he had a set off against Rickard of more than the amount due Rickard’s estate. The…