Headlee v. Jones

This was an action begun by respondent, as administrator of the estate of George W. Yan Lear, deceased, against the appellant, in the Green Circuit Court, on three negotiable notes executed by appellant and one Jason Jones to John A. Miller & Co., indorsed to Yan Lear after maturity. Defendant answered, admitting the execution of the notes, the indorsement by Miller & Co. to Yan Lear, but alleging that the notes were signed by him as security only, and not as principal; that this fact was well known to John A. Miller & Co. at the time of the execution of the notes; and that, subsequently…