R. Patrick & Co. v. Smith

Citations

• 165 Pa. 526
• 30 A. 1044
• 1895 Pa. LEXIS 1037

Syllabus

<p>Married women—Principal arid, surety—Promissory notes—Accommodation indorser—Act of June 8, 1893.</p> <p>A husband, having a time draft indorsed by himself, was refused a discount at a bank without another indorser. The bank agreed to accept the wife of the holder, if she would draw a cheek for the proceeds. The wife indorsed the draft and drew a check on the bank for the proceeds, payable to her husband’s order. When the draft matured, the husband was able to pay only part of it. The wife gave her own promissory note for the balance. This note was discounted by the bank, and she drew another check in favor of her husband for the proceeds. Held, that the wife was an accommodation indorser for the husband on the draft, and accommodation .drawer for him on the note, and that she was withiu the protection of the proviso of the act of June 8, 1893, P. L. 344, forbidding a married woman to become accommodation indorser, guarantor or surety for another.</p>