City National Bank of Lafayette v. Mason

Citations

• 58 Wash. 492
• 108 P. 1071
• 1910 Wash. LEXIS 961

Syllabus

<p>Bills and Notes—Action by Indorsee—Defenses—Fraud—Burden of Proof. In an action by an indorsee upon a promissory note given for the purchase price of a horse, defended on the ground of fraud and breach of warranty, in which plaintiff relied upon a prima facie case without proof of the manner of acquiring the note, sufficient evidence that the payee procured the note and a waiver of the warranty by fraud shifts the burden to the plaintiff to establish that it is a holder in due course.</p>