Bavarian Brewing Co. v. Sobocienski

Citations

• 30 Del. 530
• 7 Boyce 530

Syllabus

<p>1. Bills and Notes—Persons placing names in succession on back OF NOTE JOINTLY AND SEVERALLY LIABLE; “INDORSER.”</p> <p>In view of Rev. Code 1915, §§ 2707, 2712, persons placing their names in succession upon the back of a promissory note are indorsers and are jointly and severally liable, in the absence at least of a showing of an agreement that they should not be so bound.</p> <p>2. Bills and Notes—Written agreement did not render signers on BACK OF NOTE JOINT MAKERS.</p> <p>Where four persons signed in succession on the back of a note, an agreement between such signers that “they will indorse the said note,” etc., and'ápy renewal thereof, did not change the nature of their liability from joint and several indorsers to joint indorsers, in view of Rev. Code 1915, § 2628, providing that an obligation or written contract of several persons shall be joint and several, unless otherwise expressed.</p>