Legal Opinion

Whaley v. Vanhook

Court of Appeals of Kentucky

Decided September 27, 1843Published

Error to the Bourbon Circuit. Assignor and Assignee.

1Opinion

*272Petition eor a Re-hearing,

Octoier 9,

By Messrs. Owsley & Goodloe.

In an action by the assignee of a note, against bis assignor. upon the assignment, due diligence consists in ex’ hausting all the remedies, direct and collateral, to coerce payment: Smallwood vs Woods, (1 Bibb, 546;) Trimble vs Webb, (1 Monroe, 103.)

If it appears from the record of the action brought by the assignee against the obligor, that a collateral or incidental remedy will probably coerce any part of the debt, a return of “nulla bona’ does not show due diligence, without showing the result of the incidental or collateral…

2Cases cited4 opinions

  1. Smallwood v. WoodsCourt of Appeals of Kentucky · 1809
  2. Owings v. GrimesCourt of Appeals of Kentucky · 1824
  3. Cundiff v. HailCourt of Appeals of Kentucky · 1820
  4. Gilkerson v. FlowerCourt of Appeals of Kentucky · 1809

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