Niotaze State Bank v. Cooper

Citations

• 99 Kan. 731
• 162 P. 1169

Syllabus

<p>SYLLABUS BY' THE COURT.</p> <p>1. Promissory Note — Renewal—Extension—Party Primarily Liable Not Released. Rule applied that one of the makers of a negotiable instrument, being a party primarily liable, is not released from liability by an extension of the time of payment without his assent, although his relation to a co-maker be that of surety.</p> <p>2. Same — Renewal Note — -Whpn Not a Payment. Rule applied- that renewal notes do not pay the note renewed, without an express agreement to that effect.-</p> <p>3. Same — Evidence — Shows Renewal — Not Payment. The evidence considered and held to show renewals only, and not payment.</p>