Jordan v. Daniel

1. As between the parties, one signing a promissory note apparently as a joint principal may in an action on the note by the payee plead and prove that he signed the note in the capacity of an accommodation endorser for the benefit of the principal maker and that the plaintiff took the note with the knowledge of such facts. Franklin Savings & Loan Co. v. Branan, 54 Ga. App. 363 (1) (188 S. E. 67), and cases cited; Pickett v. Bank of Ellijay, 182 Ga. 540 (186 S. E. 426). The ruling in the Pickett case distinguishes the rule in Georgia from that in other States not having a provision in their…