Coolidge & McClaine v. Saltmarsh

Citations

• 96 Wash. 541
• 165 P. 508
• 1917 Wash. LEXIS 625

Syllabus

<p>Bills and Notes — Negotiability—Amount Certain. A mortgage note agreeing to pay any taxes assessed upon tie note or mortgage is not negotiable, in view of Rem. Code, § 3392, providing tbat, to be negotiable, an instrument “must contain an unconditional promise or order to pay a sum certain in money;” notwithstanding there is no law in force for the taxation of notes and mortgages, as they may be subjected to taxation, leaving the amount to be paid uncertain.</p>