Kentucky River Coal & Feed Co. v. McConkey

Opinion op the Court by

Judge Stites

— Reversing on appeal and affirming on cross appeal.

Under date of April 7, 1924, the Kentucky River Coal & Feed Company, a corporation, executed and delivered its promissory note in the sum of $3,QOO to the appellant John Lisle. The note was made payable 12 months after date at a bank in Irvine, Ky., and contained this provision on its face: “Endorsers waive demand, protest, and all legal diligence to enforce collection.” Thereafter and before maturity, Lisle indorsed the note in blank to the appellant E. E. Edwards, and Edwards in turn indorsed the note and…