Delamater v. Kearns

The only question calling for decision in this case is whether the contract sued on was a guaranty or indorsement.

The instrument relied on is this:

“ $210. Chicago, Ills., 1885.

“ One year after date I promise to pay to the order of Frances Kearns, two hundred and ten dollars, at my office, with interest at eight per cent per annum, value received.

“ Julia A. King.”

Written on the back were these words:

“ Endorsed by

“ N. B. Delamater.”

The presumption of guaranty arising from a Dank indorsement by a stranger to a note, is of no value in this case, as the indorsement with which we are dealing is not…