United States National Bank v. McCabe

This action was brought to recover the amount claimed to be due to the plaintiff on a certain demand promissory note for $31,000 and interest, dated January 26, 1920, executed by the defendant James McCabe and two others. During the pendency of the action such settlement was made whereby the action was dismissed as to the defendants other than McCabe. The defendant McCabe answered setting-up that the note had been executed solely for the accommodation of the plaintiff and that the settlement made with the other defendants discharged all liability on the part of M.cOabe. The issues involved,…