Homewood Peoples Bank v. McCutcheon

Citations

• 266 Pa. 116
• 109 A. 873
• 1920 Pa. LEXIS 515

Syllabus

<p>Promissory notes — Accommodation note — Statute of limitations —Payments after statute has run — Accommodated party — Agency.</p> <p>Where a promissory note is made for the accommodation of another person, and such person, after the statute has run against the note, makes payments thereon, but not as the agent of the maker, and without the latter having done anything to acknowledge his continued liability, such payments are insufficient to toll the statute.</p>