Peoples National Bank of Winston-Salem v. Southern States Finance Co.
Supreme Court of North Carolina
1Opinion of the CourtCowNOR, J.
Defendant admitted, in its answer, the execution by J. H. Mackie, and the endorsement by the Southern States Finance *74Company, of the note set out in the complaint. This note contains the following provision: “Each drawer, endorser, or surety hereby severally waives presentment for payment, notice of protest, or of nonpayment by principal, and hereby agrees to any extension of time given to them or either of them.” The note bears the following endorsement: “Pay to the order of Peoples Bank at Winston-Salem, N. C., Southern States Finance Company. J. R. Cherry, Treas.” It is admitted that the…
2Cases cited13 opinions
- Westervelt v. MohrenstecherCourt of Appeals for the Eighth Circuit · 1896
- Commercial Banking & Trust Co. v. Citizens Trust & Guaranty Co.Court of Appeals of Kentucky · 1913
- Taylor v. . Commercial BankNew York Court of Appeals · 1903
- Appleton v. Citizens' Central National BankNew York Court of Appeals · 1908
- Commercial Nat. Bank v. PirieCourt of Appeals for the Eighth Circuit · 1897
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