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70 N.C. 385

Crawford v. Lytle

Supreme Court of North Carolina

Decided January 15, 1874

Supreme Court of North Carolina · decided 1874-01-15

<p>A makes his note to B on the 7th June, 1857, and on the 12th August, 1860, 0 endorses on the back, “Pay the within to D.” signing his name: Held, that 0 was not liable either as an endorser or guarantor, and that his indorsement merely passed the property in the note to D.</p>

Decided 1874-01-15

Settle, J.

¶1A makes his note to be paid on the 7th day of June, 1857, and on the 12th day of August, 1860, C endorses on the back of the note these words, to-wit: “ Pay the within to D,” and signed his name. Nothing more appears.

¶2*388We are of opinion that 0 is neither au endorser, according" to the eomrnereial law, nor a guarantor; but that his endorsement merely passed the property in the note to D, just as his bill of sale would have passed a horse. But if we adopt the most favorable view for the plaintiff, and consider C as a guarantor, there has been such laehes on the part of.the plaintiff as to discharge the defendant.

¶3The judgment of the Superior Court is reversed, and judgment will be entered here- that the defendant go without day.

¶4Per Curiam. Judgment reversed.

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