Leeke v. Hancock

Citations

• 76 Cal. 127
• 17 P. 937
• 1888 Cal. LEXIS 838

Syllabus

<p>Promissory Note — Accommodation Indorser — Liability to Subsequent Indorser. — An accommodation indorser of a promissory note may, by agreement between himself and a subsequent indorser, render himself liable to the latter as an actual indorser for value.</p> <p>Id.—Payment by Second Indorser—Action for Money Laid Out and Expended. — Where a subsequent indorser of a promissory note pays the same or a part thereof, he may recover from a prior indorser the amount paid as so much money paid, laid out, and expended for the benefit of the prior indorser.</p> <p>Pleading—Common Counts Stating Same Cause oe Action—Findings. — Where a complaint framed in accordance with the common counts clearly indicates that the same cause of action was stated in each count, findings for the plaintiff on one of the counts, without findings on the others, are sufficient to support a judgment in his favor.</p>