Morrill v. Jones

Citations

• 26 N.M. 32
• 188 P. 1108

Syllabus

<p>SYLLABUS BY THE COURT.</p> <p>1. Where the purchaser of a note testifies in chief that he purchased it in good faith without notice of any defects and for full value, it is competent for the maker of the note on cross-examination to go fully into the relations existing between the payee and such purchaser before and after purchase, for the pui-pose of discrediting, if possible, the good faith of the purchaser. P. 34</p> <p>2. The officers of a bank purchasing a note on behalf of the bank are interested parties, and whether their evidence sufficiently satisfied the burden resting upon the bank and made good its claim to be an innocent purchaser, fraud having been shown in the inception of the note, was for the jury, unless the evidence was such that no fair-minded person could draw any other inference therefrom. P. 35</p>