Wade v. Elliott

This was a suit on a promissory note, against the maker. The plaintiffs alleged, in substance, that the note was negotiable, and that' they were innocent holders for value, having purchased it before maturity; that it was originally given by the *647defendant, payable to the Farmers Supply Company, or order, and, before it became due, the Farmers Supply Company was adjudicated bankrupt, and the note was sold at public sale, after due advertisement and under order of the court, and was bought by Benton, McCommons & Co., who were the highest and best bidders at the sale, and who took the note as…