Conover v. Hasselman

Vermilion, J. —

The action is upon two promissory notes executed by the defendant, appellant, for stock in the Associated Packing Company and the Des Moines Union Stockyards Company. That the notes were- procured by fraud, and were without consideration, is practically conceded; and the court below so instructed the jury. The plaintiff, in reply to the defenses of fraud and want of consideration," alleged that he was a holder in due course of the notes. This was the only question submitted to the jury.

The appellee, as a witness, admitted that he knew, at the lime he purchased the notes, the…