Public-domain · open source
OpenJurist

2 Ky. Op. 77

Thompson v. Bell

Court of Appeals of Kentucky

Decided September 16, 1867

Court of Appeals of Kentucky · decided 1867-09-16

<p>Bills of Exchange — Failure to Present for Payment or Pretext — Excuse—• Liability ot Endorsers.</p> <p>Commercial intercourse having been entirely suspended between Kentucky and the city of New Orleans, at which place the bill was payable, at the time of maturity, the failure of the holder to present it for payment '-r protest at that time, did not operate to release the endorser.</p>

Decided 1867-09-16

¶1Opinion of the Court ry

Judge Hardin :

¶2It sufficiently appears that the appellee was the owner and holder of the hill of exchange in controversy before and on the 15th day of December, 1861, when the same matured, and was payable in the city of New Orleans, and that by the Civil War then being waged between various Southern States, including Louisiana, and the Government of the Hnited States, and the States adhering thereto, including Kentucky, within which the appellee was, and resided, commercial intercourse between the State of Kentucky *78an dthe city of New Orleans was.entirely suspended, and so continud to be from the maturity of said bill, within the month of July, 1862.

¶3The holder of the bill being thus inadvertently prevented from causing it to be presented for payment, or protested, the failure to do so did not, in our opinion, operate to release the appellants from this liability as indorsers.

¶4This conclusion, which renders the consideration of other questions unnecessary, seems to us to be in accordance with the decisions of this court in the cases of Gravis against Tilford, 2 Duvall, 108, and Bell, Berkley & Co. v. Hall’s Exrs., etc, in same volume, 292.

¶5Wherefore, perceiving no available error in the judgment, the same is affirmed.

/2/kyop/77 · .json · Public domain