103 Iowa 261 | Iowa | 1897
III. We have read the evidence submitted to us with care, and reach the conclusion that it would not have sustained a verdict for the defendant, and that the case was properly taken from the jury. It is not shown that the note in suit was without consideration. The actual financial condition of the company when the note was given' does not appear. The value of the material, machinery, and type owned by the company is shown not to have exceeded fifteen thousand dollars in value; but there is not competent evidence as to the value of all of the assets of the company, although one witness, not shown to know the condition of the company, stated, in answer to a question as to the value of all the property of the company at the time of its organization, “Well, I do not really just remember, but I guess that is about all, — from twelve thousand dollars to fifteen thousand dollars.” So far as we are advised, there was a sufficient consideration for the note when it