Bank of Kentucky v. Floyd

CHIEE JUSTICE DUVALL

delivered the opinion or the oodrt:

In this action the plaintiff sought to recover a balance claimed to be due on a bill of exchange for $2,500, dated 8th September, 1852, of which Davis was the drawer, Floyd the acceptor, Young the payee, and Arnold and Jones indorsers. The bill was made for the accomodation of Floyd, the acceptor. All the parties to the bill were sued except Jones, the last indorser, and the action was dismissed, before trial, as to Arnold.

The defenses relied upon in the answer were payment and want of notice, and the release, by the plaintiff, of the…