Frazey v. Casey

Citations

• 96 Wash. 422
• 165 P. 104
• 1917 Wash. LEXIS 599

Syllabus

<p>Bills and Notes — Oral Assumption by Third Person — Liability —Statutes. Under Rem. Code, § 3409, providing that no person is liable on an instrument whose signature does not appear thereon, the purchaser of mortgaged property who orally assumed and agreed to pay the mortgage debt is not liable to a holder of a note who waives the mortgage and brings an action at law upon the note.</p>