Ritter v. Henning

Citations

• 10 Pa. Super. 458
• 1899 Pa. Super. LEXIS 302

Syllabus

<p>Debtor and creditor — Promissory note as collateral security for a judgment — Principal and surety.</p> <p>Indorsements on a note showing that it was given to secure the payment of a judgment assigned by the payor to the payee do not change the relationship of debtor and creditor into one of principal and surety, and the failure of the creditor to proceed on the judgment does not relieve the debtor from his liability on the note.</p>