Jaccard v. Shands
Supreme Court of Missouri
Jaccard v. Shands, 27 Mo. 440 (Mo. 1858)
Scott
Jaccard v. Shands
Opinion of the Court
delivered the opinion of the court.
This is an action on a negotiable promissory note endorsed to the plaintiffs before maturity. The defence is fraud in the consideration, and failure of consideration. Nothing is clearer than that such a defence is wholly inadmissible against the endorsee of a negotiable note, endorsed before maturity. The court very properly overruled the instruction asked by the defendant.
The other judges concurring, the judgment will be affirmed.
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