Lawrence County Bank v. Arndt
Supreme Court of Arkansas
Appeal from Lawrence Circuit Court in Chancery. FREDERICK D. Fulkerson, Judge. . The titles added to the signatures of appellees are not surplus-age; and, the note not showing that the signatures were meant to bind the company as principal, the appellees are individually liable. 61 Ind. 241; 26 Minn. 43; 87 N. Y. 250; 65 Ind. 27; Tied. Comm. Pap. § 123; 98 Mass. 101; 2 Conn. 260; 2 Wheat. 56; 122 Mass. 67; 5 Denio, 517; 38 Oh. St. 442; 6 Yerg. 479; 88 Ill. 219; 1 Dan. Neg.
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Appeal from Lawrence Circuit Court in Chancery. FREDERICK D. Fulkerson, Judge. . The titles added to the signatures of appellees are not surplus-age; and, the note not showing that the signatures were meant to bind the company as principal, the appellees are individually liable. 61 Ind. 241; 26 Minn. 43; 87 N. Y. 250; 65 Ind. 27; Tied. Comm. Pap. § 123; 98 Mass. 101; 2 Conn. 260; 2 Wheat. 56; 122 Mass. 67; 5 Denio, 517; 38 Oh. St. 442; 6 Yerg. 479; 88 Ill. 219; 1 Dan. Neg. Inst. § 305; 56 Ga. 258; 34 Yt. 402; 62 Ark. 391. The note uses the expression, “we or either of us promise to pay,” and…
1Opinion of the CourtBuNN, C. J.
This suit was instituted on a promissory note on the 16th February, 1899, and on the pleadings and testimony in the ease the cause was transferred to equity, judgment was rendered for the defendants, and plaintiff appealed.
The plaintiff is an incorporated bank, doing business at Walnut Ridge, in Lawrence county in this state,' and'the defendants are citizens of said place, who made their promissory note to the bank, of which the following is a copy, -to-wit:
“$1,540.
“Ninety days after date we or either of ns promise to pay to the Lawrence County Bank fifteen hundred and forty dollars,…
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