This appeal involves two separate actions to recover on two promissory notes executed by the defendant corporation and delivered to plaintiff as payee. The notes are dated December 18, 1951, and July 1, 1952, and are in the face amounts of $1,250 and $2,000 respectively. Both notes are payable on demand, bear the words "Value received" and were signed by the plaintiff as treasurer of the defendant corporation. The answers admitted the execution...
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