Spencer v. Sloan
Indiana Supreme Court
From the Marion Superior Court.
1Opinion of the CourtYiblack, J.
This was an action by Benjamin F. Spencer, as the holder, against William Sloan, as endorser, of a promissory note executed by one Milton Spencer to the said Sloan on the 10th day of July, 1868, for $405, and payable two days after date.
The complaint alleged the insolvency of Milton Spencer •at thd time of, and ever since, the assignment of the note.
The defendant answered in seven paragraphs, but he after-wards withdrew the first and second paragraphs, and a demurrer having been sustained to the fourth paragraph, only the third, fifth, sixth and seventh paragraphs, remain in the record.
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