Valentine v. Hayes

— -This was a suit in the Circuit Court of Brevard County brought by a holder of a promissory note against the defendant, an indorser of the note. The case was tried before a Referee, who entered judgment for the defendant. The only proposition which merits discussion is whether or not, in an action brought by the indorsee of a promissory note under the Florida uniform negotiable instruments law against his immediate indorser, the indorser may plead and prove facts which would relieve him from statutory liability which follows any indorsement of a negotiable instrument. It is contended by the…