Pardee v. Fetter

345 Mich. 548 (1956)

77 N.W.2d 124

PARDEE

v.

FETTER.

Docket No. 60, Calendar No. 46,608.

Supreme Court of Michigan.

Decided May 14, 1956.

Goddard, McClintock, Fulton & Donovan, and Theodore Souris, for plaintiff.

David M. Miro, for defendant.

CARR, J.

Under date of May 27, 1949, a corporation of which defendant Fetter was president executed and delivered to plaintiff a promissory note in the sum of $5,000, due August 27th following, with interest at the rate of 2-1/2% per month. Defendant was an accommodation indorser on the instrument, waiving presentment for payment, notice of nonpayment, protest and…