De Witt County National Bank v. Nixon

Citations

• 125 Ill. 615
• 18 N.E. 203
• 1888 Ill. LEXIS 1141

Syllabus

<p>Indorsement of promissory note—by a third person—character of liability assumed—presumption. The placing of the name of a third party on the back of a note is prima facie evidence, only, that the liability intended to be assumed is that of guarantor. It may be shown that the real contract is, that the liability intended to be assumed is that of a simple endorser.</p>