Mechanics Bank v. Terry

Plaintiff as the indorsee for value before maturity sued the defendants as makers for the amount of the following note:

“$1,100.00. St. Louis, February 25, 1893.

“Sixty days after date we promise to pay to the order of A. K. Florida eleven hundred dollars, for value received, payable at the Mechanics Bank, St. Louis, with interest from maturity at the rate of eight per cent per annum until paid.

“Tebby Bbos.”

The answer was that defendants executed the note for accommodation upon the representation by plaintiff and the payee, A. K. Florida, that plaintiff held a deed of trust for the security of…