IMPLEMENT CREDIT CORP v. ELSINGER


268 Wis. 143 (1954)

IMPLEMENT CREDIT CORPORATION, Respondent, vs. ELSINGER, Appellant.

Supreme Court of Wisconsin.

November 9, 1954.


Attorney(s) appearing for the Case

For the appellant there was a brief and oral argument by J. M. Peters of Hartford.

For the respondent there was a brief by Callahan & Arnold of Columbus, and oral argument by Carroll B. Callahan and E. Clarke Arnold.


CURRIE, J.

The issue presented on this appeal is whether the plaintiff finance company is a holder in due course of the note executed by the defendant Elsinger so as to be free from any defense that Elsinger might have against the payee Bierman-Turnacliff, Inc. Counsel for the defendant advances the following reasons as to why he contends plaintiff is not such a holder in due course:

(1) That proof of ownership of the note in plaintiff is not established;...

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