Citizens State Bank v. Rosenwald

CAMPBELL/, J.

November 24, 1925, H. A. Rosenwald and John Rosenwald, his brother, as makers, executed and delivered to Citizens’ State Bank of Colman their promissory note for $900, clue August 1, 1926, with interest. Although 'both- Rosenwalds were makers of the note and parties primarily liable upon the instrument (section 1893, R. C. 1919; section 192 U. N. I. L.), the fact was that the money represented by the note was advanced to H. A. Rosewald for his individual use and John Rosenwald was merely an accommodation maker, ¡who, without receiving value, signed the instrument for the purpose…