Oregon Supreme Court December 23, 1926 (Citizens' Bank v. Knudson)

BEAN, J.

The defendant contends that plaintiff is not entitled to recover against him on the renewal

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note of February 26, 1923, for the reason that plaintiff is not a holder of said note in due course; that there was no consideration for the plaintiff signing said note; that plaintiff was fully advised before taking the renewal note that plaintiff claimed to have a good defense to the