Aiken v. Nance

OPINION OF THE COURT BY

LINDSAY, J.

(Peters, C. J., concurring.)

On June 22, 1910, the defendant Nance made, executed and delivered to the predecessor in interest of the plaintiff a promissory note for the sum of $60 payable six months from date, with interest thereon at the rate of ten per cent, per annum. At the same time and place, and before delivery of the note, the defendant Tavares signed on the back thereof an indorsement reading “For value received I hereby guarantee the payment of the Avithin note, waiving notice, demand, and protest.” For several years after the maturity of the note,…