Stevenson v. O'Neal

Citations

• 71 Ill. 314

Syllabus

<p>Assignee without recourse—how far protected. In a suit, by the assignee in good faith, and for value, of a note assigned, without recourse and before maturity, and without any knowledge on the part of the assignee of any claim of defense by the maker, the mere fact that, the as. signment is without recourse is not sufficient to charge the assignee with notice of a defense against the note, on the part of the maker, nor is it sufficient to put him on inquiry in reference thereto.</p>