L. H. Wagener, Inc. v. Kendall

McCORMICK, Justice.

This appeal arises from an action upon a promissory note against an accommodation endorser. The case was tried to the court at law and resulted in judgment for defendant. The determinative question is whether the trial court erred in holding that the accommodation endorsement was effectively revoked before the note was negotiated to plaintiff. We affirm the trial court.

W. J. Kendall was the maker of the $10,-000 note which was payable to the First National Bank, Prairie City, and executed January 16, 1965. Defendant H. S. Ostlin endorsed the note as surety to accommodate *20Ken…