Green v. Skinner

Citations

• 72 Miss. 254

Syllabus

<p>Note. Payment by now note. Principal and surely. Dischcmje of indorser.</p> <p>Where a note is indorsed and transferred by the payee to a bank, and at maturity the makers take it. up by a new note indorsed by said payee and another, an accommodation indorser on the first note not consenting- thereto, is discharged, although, for the purpose of holding him liable, the old note is not marked canceled, but is redelivered by the makers to the payee. Lapieee v. Hughes, 34 Miss., 69.</p>