Ireys v. Wallace
Ireys v. Wallace
Opinion of the Court
delivered the opinion of the court.
The plaintiffs, as indorsees of several promissory notes made by W. R. Hornsby and payable to F. M. Wallace, sued Wallace as indorser on said notes, and, as an excuse for the want of a presentment of the notes to the maker, Hornsby, for payment, and of notice to Wallace, the declaration alleged that when said promissory notes became due and payable said “Hornsby had long since departed this life, intestate and insolvent, and without a residence in Washington county, and leaving no personal
Affirmed.
Reference
- Full Case Name
- Henry T. Ireys v. Francis M. Wallace
- Status
- Published
- Syllabus
- Promissory Note. Indorser. Presentation to maker. Barden of proof. The failure of a holder to present a promissory note to the maker for payment releases the indorser thereof, in the absence of evidence excusing- such failure.