Ross v. Eyre

Citations

• 260 Pa. 393
• 103 A. 894
• 1918 Pa. LEXIS 530

Syllabus

<p>Promissory notes — Accommodation maker — Holder for value— Death of payee — Liability of maker.</p> <p>In an action against the maker of a note by the purchaser thereof after the death of the payee, judgment was properly entered for the plaintiff, after a disagreement by the jury, where it appeared that the note was given to the payee for his accommodation- and was delivered by him before maturity to a bank, and was thereafter sold by the bank to the plaintiff; and there was no evidence to warrant the assumption that it was delivered to the bank as surety for a loan made by the bank to the payee, or 'that defendant had been released, or that there were credits to which defendant wa3 entitled, or that the obligation was released by renewals; but, on the contrary, it appeared that the bank was holder for value.</p>