Phipps v. Chase
Phipps v. Chase
Opinion of the Court
The note being payable at the Millbury Bank, and being at the bank at maturity, with authority to the cashier to receive payment and give up the note, the non-payment of the note during bank hours, on the last day of grace, was a dishonor ; and the only question is, whether due notice was given to the defendant, to charge him as indorser.
Had the defendant continued to reside in Millbury, we think a notice to him, by a letter put into the post office in the same place, would have been insufficient. Peirce v. Pendar, 5 Met. 352. But in fact he had removed, several months before, into the town of Sutton; and the question is, whether the cashier of the bank, acting as agent of the holders, used due diligence to find what place he had removed to. If the place of his actual residence could have been ascertained by due inquiry and reasonable diligence, it was the duty of the cashier to give him notice personally or by mail, at the place of his actual residence If it could not be ascertained, or if he had gone abroad, notice should
Exceptions overruled.
Case-law data current through December 31, 2025. Source: CourtListener bulk data.