5 La. 33
Decided January 15, 1850
Supreme Court of Louisiana · decided 1850-01-15
<p>The "holder of a promissory note received for value in good faith before maturity, cannot be affected by any pretended equities between the drawer and endorser.</p>
Good law ✅— No negative treatment on recordhow we know
Decided 1850-01-15
Cited by 3 later decisions — most recently October 1984
2 state decisions
Later decisions citing this case, by decade. The current decade is in progress, and our corpus holds fewer opinions from the most recent years, so the latest bars are undercounted — not a real decline.
View the full empirical analysis of this case →
¶1The judgment of the court (Rost, J. absent) was pronounced by
¶2The evidence shows that the plaintiff became the holder of the promissory note for value, before maturity, in good faith, and without notice of the pretended equities between the maker and prior endorser. Whether the alleged equities existed or not is, therefore, immaterial.
¶3It is therefore decreed that the judgment of the district court be affirmed, with costs.