Moses Buchanan & Co. v. Marshall

Supreme Court of Vermont
Moses Buchanan & Co. v. Marshall, 22 Vt. 561 (Vt. 1850)
Redfield

Moses Buchanan & Co. v. Marshall

Opinion of the Court

*563The opinion of the court was delivered by

Redfield, J.

The defendant’s agreement, at the time of indorsing the note, to waive notice presupposes, that he did not intend to waive demand upon the maker ; and there is nothing in the case to excuse the demand upon the maker. The defendant was thereby discharged. There is no necessity to determine the other point in the case ; but there is a case in Pickering’s Reports, which decides, that, under such a state of facts, the indorser is exonerated by the naked agreement to wait, if in the mean time the maker or surety become insolvent.

Judgment affirmed.

Reference

Full Case Name
Moses Buchanan & Co. v. McLean Marshall
Cited By
1 case
Status
Published