Opinion
Gen. No. 40,899. (Abstract of Decision.)
Opinion filed May 22, 1940
NEGOTIABLE INSTRUMENTS, § 340 — payment, sufficiency of evidence. In action on note, lower court properly entered judgment for defendant notwithstanding verdict, where affirmative defense was established by uncontradicted evidence to the effect that a corporation received the consideration for the note, and that such note had been paid by the corporation, partly in cash and partly in stock.
See Callaghan's Illinois Digest, same topic and section number.
Appeal from Superior Court of Cook county; Hon. W.W. DAMRON, presiding.
Affirmed. Heard in third division, first district, this court at October term, 1939.
Nelson, Slater Boodell, for appellant;
Drennan J. Slater and Thomas J. Boodell, of counsel;
Howard F. Bishop, for appellee;
Jerome J. Sladkey and George P. Novak, of counsel.
"Not to be published in full." Opinion filed May 22, 1940.