Legal Opinion

Love v. Allison

Court of Appeals of Tennessee

Decided October 15, 1874Published

1Opinion of the Court

The Chancellor :

— Motion to dissolve an injunction for want of equity on the face of the bill.

The facts disclosed by the bill are these : The complainant was the second endorser, and Joel A. Battle the first endorser, both for the accommodation of the makers, on a note dated the 6th of November, 1858, at twelve months, for $1,050. The note was sold by the makers to the defendant’s intestate at a usurious rate of discount, the latter purchasing with knowledge that the complainant was an accommodation endorser, and that the note was made and endorsed to sell to raise money for the makers. On…

2Cases cited4 opinions

  1. Bangs v. StrongNew York Court of Chancery · 1842
  2. Hubbly v. Brown & Nichols.New York Supreme Court · 1819
  3. Kinzer v. HelmTennessee Supreme Court · 1872
  4. Gillespie v. DarwinTennessee Supreme Court · 1871

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