Rothschild v. Grix

Graves, Ch. J.

This is a writ of error to the superior court of Detroit. The defendant in error recovered under the money counts on a promissory note dated October 16th, 1871, given for two thousand dollars, by the late Arnold Kaichen, and payable one year after date, at the Germania Bank in Detroit, to the order of the defendant in error, with interest at ten per cent., and signed on the hack hy the plaintiff in error.

No steps were taken to hold Mr. Rothschild as indorser or guarantor, and the real question in the case concerns the legal nature of liis undertaking. The parties were both…