UNITED STATES SUPREME COURT DECISIONS ON-LINE
TRUST COMPANY V. NATIONAL BANK, 101 U. S. 68 (1879)
101 U. S. 68U.S. Supreme Court
Trust Company v. National Bank, 101 U.S. 68 (1879)
Trust Company v. National Bank
101 U.S. 68
Syllabus
1. The defenses of the maker of a promissory note can be cut off only by the payee's endorsement of it before maturity.
2. A guaranty written upon it by the payee is not such an endorsement.
The facts are stated in the opinion of the Court.