Stewart v. Oliver
Supreme Judicial Court of Maine
On exceptions by defendant. This is an action of assumpsit on a promissory note dated December 20, 1905, for two hundred dollars, payable in four months to the Richmond National Bank, made and signed by R B. Torrey, and indorsed by the defendant on the back.
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On exceptions by defendant. This is an action of assumpsit on a promissory note dated December 20, 1905, for two hundred dollars, payable in four months to the Richmond National Bank, made and signed by R B. Torrey, and indorsed by the defendant on the back. Plea, the general issue and by way of brief statement the defendant pleaded that he was an accommodation endorser or surety on the note, -which fact was well known- to the bank, and that the bank for -a valuable consideration had -extended the -time of payment to the maker, Torrey, without the knowledge or assent of the defendant, and…
1Opinion of the CourtSavage, J.
This is an action of assumpsit wherein the plaintiff, as liquidating agent of the Richmond National Bank, seeks to recover of the defendant on a promissory note for two hundred dollars, made by F. B. Torrey and endorsed by the defendant on the back. The note was dated December 20, 1905, and the bank was payee.
Under the general issue, the defendant pleaded, by way of brief statement, that he was merely an accommodation endorser or surety on the note, which fact was well known too the bank, and that the bank for a valuable consideration had extended the time of payment to the maker, Torrey,…
2Cited by2 opinions
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