U.S. Circuit Court for the District of Eastern Pennsylvania June 22, 1906, No. 2 (First Nat. Bank v. Gebbie & Co.)

HOLLAND, District Judge.

The affidavit of defense in this case contains an express denial that the plaintiff became the holder or purchaser of the note in question for a valuable consideration, either before the maturity of the same or at any other time, and further avers that the plaintiff is “not the bona fide holder of said note and has paid no value whatever therefor.