Majority
Headnote
Action on Note—Consideration—Question for Jury.The plaintiff claimed upon a promissory note assigned to him after maturity, and the defense was that no consideration had passed to the defendants from the plaintiff’s assignor, one Persche Weingrow, when the note came into the latter’s hands. As assignee after maturity, the plaintiff held the note subject to all defenses available to the defendants (the makers and the indorser) as against the assignor, and the issue at the trial was solely as to whether or not Mrs. Weingrow became a holder for value when the instrument reached her possession. This note was for $150, payable in 30 days, made by the defendants Marks and Needle to their own order, and indorsed by them and by the defendant Kostrinsky, the latter’s indorsement having been made at the time of the transfer of the paper by him to the plaintiff’s assignor. What took place at the time of this transfer was the matter in dispute. Kostrinsky had received the note from Marks for the purpose of having it discounted, and to this end he brought it to the plaintiff’s assignor, with whom he had had business dealings. For the plaintiff it was testified by Mrs. Weingrow and by her husband that payment was made by her in full when the note was delivered, two checks" having been made out by her and given to Kostrinsky at the time, aggregating $128.70, and an indebtedness from him to her of $21.30 having been canceled. This was directly contradicted by Kostrinsky, who testified that these two checks were received by him in payment of a balance due Mm from Mrs. Weingrow for goods sold to her, and had nothing whatever to do with the transaction in suit. According to him, he had indorsed the note over to her upon the representation that she would pay the
Judgment affirmed, with costs. All concur.