Wheelock v. Mayfield

Appellant sued upon a promissory note for $400 to recover against G. W. Burkett as maker, and W. D. Mayfield as in-dorser and guarantor. The note is payable to the order of W. D. Mayfield, and was indorsed by him as follows:

“For value received I, or we, hereby guarantee payment of the within note at maturity and at all times thereafter, and waive demand, protest and notice of nonpayment thereof.”

There is also a transfer of the vendor’s lien retained in the note signed and acknowledged by Mayfield. This transfer of the vendor’s lien also includes the transfer of the note. Mayfield set up…