Gilbert v. Duncan, Sherman & Co.
Supreme Court of New Jersey
The action below was brought on two promissory notes, given by Hiram Gilbert, payable to the order of David Rowland. They were given as accommodation notes for the benefit of Rowland, Gilbert having received no consideration for them.
1Opinion of the Court
The opinion of the court was delivered by
Whelpley, C. J.
The action in the court below was upon two promissory notes, made by Gilbert, payable to David Rowland, and by him endorsed to the plaintiffs — the first, dated December 1st, 1856, for $918; the second, for $1464.28, dated 9th March, 1857. They were dated at New York, and there transferred to the plaintiffs below. Both notes were made by Gilbert, for the accommodation of Rowland : such was the evidence at the trial, and that Was not controverted.
There was no evidence that Duncan, Sherman & Co, *139knew, at the time of their transfer to them,…
2Cases cited4 opinions
- Woodhull v. HolmesNew York Supreme Court · 1813
- Spear & Ripley v. MyersNew York Supreme Court · 1849
- Stewart v. SmallNew York Supreme Court · 1848
- White & Sheffield v. Springfield BankNew York Supreme Court · 1847