59 So. 184 | Ala. Ct. App. | 1912
C. R. Dickson was an agent of a life insurance company authorized by such company to solicit insurance. Stating the case most strongly in favor of the appellant, Dickson, by misrepresentations amounting to fraud as to the provisions and value of a certain policy which he claimed his company was writ
It cannot be successfully, contended that, because Liddell, as a partner of Dickson, was charged with notice of the manner in which Dickson had acquired the note, the appellee, which had no connection with Dickson, was also charged Avith such notice, simply because Liddell was its cashier. The notice Avhich the laAV imputed to Liddell, as a partner of Dickson, was not imputable to him as the cashier of appellee.—Morris v. First National Bank of Sampson, 162 Ala. 301, 50 South. 137.
In our opinion, the evidence, if believed, showed that the appellee Avas a bona fide holder of the note sued on; that it acquired the note in the due course of business, before its maturity, without notice of any defense which its maker may have had against its payee; and that therefore the appellee was entitled to the
The judgment of the court below is affirmed.
Affirmed.