Fuller v. Leonard
Fuller v. Leonard
Opinion of the Court
The defendant is sued on a draft accepted by him, drawn by E. M. Sturgess to his own order for the sum of $1250, payable thirty days after date. The defendant excepted to plaintiff’s action on the ground that he is not the owner of the instrument sued
The defense is without much weight. The defendant, as accepter, was primarily bound; no notice of protest was necessary to ñx his liability either as surety or accepter. The testimony shows that a loan of money was made by Puller to Sturgess, and that this draft was drawn upon and accepted by Leonard to enable Sturgess to get the money he wanted from Puller, who, to the defendant’s knowledge, would not have loaned the money without security, and that he rested upon the defendant’s acceptance as securing the amount loaned to Sturgess. Under no aspect of the case could the defense be availing.
It is therefore ordered that the judgment of the lower court be affirmed with costs.
Eehearing refused.
Reference
- Full Case Name
- J. W. Fuller v. A. H. Leonard
- Status
- Published