Girard National Bank v. Brody

A question of interest and importance to bankers and business men arises on this application. Plaintiff bank moves for summary judgment against an accommodation indorser of a negotiable promissory note. He is the sole defendant, recourse having been previously had against other parties and plaintiff having received part payment. His defense is that when he indorsed it he informed plaintiff that there was to be no consideration for his signature “ and that he was an accommodation endorser.” “ That thereupon said plaintiff requested the defendant to sign the said note for the purpose of putting…