May v. Reed

— Nicholas May instituted this action against Charles Reed and Elias J. Marsh to recover the amount of a promissory note, payable to A. S. Jaqua', signed by Reed & Coffin, Elias J. Marsh and Daniel Shewand, as makers, and endorsed by the payee to Mason, and by the latter to the plaintiff. In one paragraph of his answer the defendant Marsh set up, in substance, that he and Shewand,who had since died, had signed the note as sureties for Reed & Coffin, and that the *200plaintiff and his assignors well knew that the defendant was surety. It is averred that Coffin afterwards died, and that Reed became…