Crocker v. Ireland

On December 8,1913, German B. Olin and Howard Olin gave to the International Harvester Company of America two negotiable promissory notes for $622.75 each, payable October 1, 1914, with interest at six per cent.

The notes were indorsed by the payee to the defendant without recourse and thereafter and before maturity, defendant indorsed same with a written guaranty to plaintiff’s testator. The indorsement and guaranty are as follows: “ For value received I hereby guarantee the payment of the within note and all renewals and extensions thereof to the payee therein named, or any owner and holder…