Watterson v. Hill

This is an action to recover on a promissory note in the principal sum of $1,542.50, executed and delivered by defendant to plaintiff in January, 1922, and due one year from its date. The complaint sets forth a copy of the note, alleges its ownership by plaintiff, and nonpayment. The answer admits the execution and delivery of the note, and denies the other allegations of the complaint.

By way of affirmative defense the answer alleges, in substance, that before the maturity of the note, it was indorsed by plaintiff in blank and delivered to the First National Bank of Lewistown; that thereafter…