Watson v. Barr

Citations

• 37 S.C. 463
• 16 S.E. 188
• 1892 S.C. LEXIS 43

Syllabus

<p>1. Single Bill—Makers—Endorsement.—Where third persons, not parties to a single bill, endorse their names on the back thereof, and it is then delivered to the payee, such endorsers are liable as makers.</p> <p>2. Ibid.—Sureties—Defences.—An answer which fails to deny any of the material allegations of a sufficient complaint, and, as affirmative defence, alleges only forbearance by plaintiff to sue the principal debtor, or give notice to defendants of ti^e non-payment of the debt for three years, does not state facts sufficient to constitute a defence by the defendants, the sureties on a single bill.</p> <p>3. Demurrer—Pacts stated in a pleading, which is demurred to, are taken to be true in the determination of the demurrer. The value of such facts may be estimated, but not their truth.</p>