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ADAMS v. SCHWARTZ

356 S.W.2d 597 (1960)

Katie ADAMS, Appellee, v. William B. SCHWARTZ, Appellant.

Court of Appeals of Tennessee, Western Section, Jackson.

Certiorari Denied March 10, 1961.

Attorney(s) appearing for the Case

Henry Beaty, Jr., W.J. Ling, R.A. Mayhall and J.E. Madden, Memphis, for appellant.

Erich W. Merrill, Memphis, for appellee.

Certiorari Denied by Supreme Court March 10, 1961.

CARNEY, Judge.

The defendant below, William B. Schwartz, purchased for $4,500 a series of promissory notes in the principal amount of $7,000 executed by complainant, Katie M. Adams. The Chancellor found that the defendant, Schwartz, was chargeable with knowledge that the execution and sale of said notes by the complainant, Katie Adams, was a money-raising transaction; that William B. Schwartz was not a holder...

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