Legal Opinion

Piper v. Taylor

Appellate Court of Illinois

Decided October 13, 1911No. Gen. No. 5486Published

Appeal from the Circuit Court of LaSalle county; the Hon. Edgar Eldredge, Judge, presiding. Heard in this court at the April term, 1911.

1Opinion of the CourtJustice Willis

On June 1, 1909, William and Robert Taylor executed a note to Piper and Prutsman, partners, for $2200 due one year after date with interest at 6% in partial payment of an automobile to be used in their livery business at LaSalle, Illinois. The note was shortly afterwards endorsed by the payees and negotiated to the bank at Ohio, Illinois. About March 1, 1910, William Taylor sold out his interest in the livery business to Robert Taylor and moved to Iowa. The note, not being paid at maturity, the bank.called upon the endorsers to pay it. They paid the note and the endorsement was stricken off…

2Cases cited6 opinions

  1. Moritz v. HoffmanIllinois Supreme Court · 1864
  2. State Bank v. BarnettIllinois Supreme Court · 1911
  3. Bittinger v. KastenIllinois Supreme Court · 1884
  4. Faloon v. McIntyreIllinois Supreme Court · 1886
  5. Dimond v. RogersIllinois Supreme Court · 1903

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