· 5/6/1889
Citizens N. Bank v. Piollet
Citations
- 126 Pa. 194
- 17 A. 603
- 1889 Pa. LEXIS 856
Syllabus
<p>A promissory note having on its face the memorandum: “ This note is given for advancements, and it is the understanding it will be renewed at maturity,” is not an absolute, unconditional contract to pay the money at maturity, and it is therefore not a negotiable instrument upon which an indorser is liable upon his indorsement.</p>
Judges: Clark, Green, Paxson, Sterrett, Williams
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