Woodworth v. President, Directors, & Co. of the Bank of America
New York Supreme Court
THE defendants in error brought an action in the Supreme Court, against the plaintiff in error, as endorser of a promissory note, dated Albany, 17th of April, 1817, made by James Kane, for twenty-five hundred dollars, payable to John Woodworth or order, sixty days after date, for value received. The note was endorsed by J. W., and by John Kane. In the margin of the note were written the following words: “ payable at the Bank of America, James Kane.”
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THE defendants in error brought an action in the Supreme Court, against the plaintiff in error, as endorser of a promissory note, dated Albany, 17th of April, 1817, made by James Kane, for twenty-five hundred dollars, payable to John Woodworth or order, sixty days after date, for value received. The note was endorsed by J. W., and by John Kane. In the margin of the note were written the following words: “ payable at the Bank of America, James Kane.” The note was made and endorsed for the accommodation of James Katie, the maker, who resided, at the time, and still resides in Albany. He sent…
1Opinion of the Court
The Chancellor.
The facts in this case are few, and simple.
On the 17th of April, 1817, James Kane made a note, payable in sixty days, to the order of John Woodworth, for $2,500. The note was dated at Albany, where the maker then, and hath ever since, resided. It Was an accommodation note, being made and endorsed entirely for the benefit of the maker. It was endorsed, in blank, by Mr. Woodworth, without any explanation where it was going ; but the note was intended by the maker as a renewal of another note held by the Bank of America, and endorsed by the same endorser, who had not any knowledge…
2Cases cited3 opinions
- French's v. Bank of ColumbiaSupreme Court of the United States · 1807
- Stewart v. EdenNew York Supreme Court · 1804
- Wightman v. HastingsMassachusetts Supreme Judicial Court · 1808
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- Gilpin v. . SavageNew York Court of Appeals · 1911
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