Peoples Bank of Holcomb v. Bullock

* Headnote 1. New Trial, 29 Cyc., p. 921; 2. New Trial, 29 Cyc., p. 921; 3. Bills and Notes, 8 C.J., Section 1292; 4. Bills and Notes, 8 C.J., Section 1376; 5. New Trial, 29 Cyc., pp. 832, 835. This is an action upon a negotiable promissory note for three thousand dollars, executed by the defendants to one H.W. Cherry, and which Cherry discounted before maturity with the plaintiff bank, respondent herein.

The answer admitted the execution of the note, but alleged that J.R. Bullock was the principal upon said note and that the other defendants were sureties; that the said note was wholly…