Whaley v. Vanhook
Court of Appeals of Kentucky
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
- Smallwood v. WoodsCourt of Appeals of Kentucky · 1809
- Owings v. GrimesCourt of Appeals of Kentucky · 1824
- Cundiff v. HailCourt of Appeals of Kentucky · 1820
- Gilkerson v. FlowerCourt of Appeals of Kentucky · 1809