Tidewater Bank & Trust Co. v. Brown, 190 N.C. 847 (1925)

Sept. 16, 1925 · Supreme Court of North Carolina
190 N.C. 847

TIDEWATER BANK & TRUST COMPANY and METROPOLITAN BANK & TRUST COMPANY v. CATHERINE W. BROWN, W. H. HOLLAND, F. M. W. BUTLER and J. R. FLEMING.

(Filed 16 September, 1925.)

Appeal by plaintiffs from Cranmer, J., at December Term, 1924, of PASQUOTANK.

Plaintiffs brought suit to recover judgment on a promissory note for $1,739.00 executed by Catherine W. Brown and endorsed by her co-defendants. Pleadings were duly filed, and at the trial the following verdict was returned:

1. Is the plaintiff the owner and holder of the note in due course? Answer: Yes, owner, but not holder in due course.

2. Was the execution and delivery of the note by maker and endorsers obtained by fraudulent misrepresentations of the agent of the. payee as alleged in the answer? Answer: Yes.

3.'In what sum, if any, are the defendants indebted to the plaintiff? Answer: .

*848 Aydlett & Simpson for plaintiff.

W. L. Small and JShringhaus & Mall for defendant.

Pee CubiaM.

This case has been tried in substantial compliance with the law which is applicable, and the record presents no satisfactory reason for disturbing the verdict.

No error.