Aultman & Taylor Co. v. Hefner

Stayton, Associate Justice.

This action was brought to recover on three promissory notes, executed to the appellant, by the appellee Heffner, to secure the purchase money for machinery sold to the latter by the former, and to foreclose a chattel mortgage made to secure the notes. One of the notes was signed by the defendant Davenport, and the three notes bore indorsements which showed that the defendants, Bowser & Lemon, “ for value received, waiving presentment for payment, protest, and notice thereof, guaranteed the payment of the notes at maturity or any time thereafter.”

The purchase of the…