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U.S. Supreme Court

Martin v. Cole, 104 U.S. 30 (1881)

Martin v. Cole

104 U.S. 30

ERROR TO THE SUPREME COURT

OF THE TERRITORY OF COLORADO

Syllabus

1. In an action against a party upon his endorsement in blank of a negotiable promissory note, evidence of a contemporaneous parol agreement that the endorsement was without recourse is inadmissible.

2. The ruling in Wills v. Claflin, 92 U. S. 135, construing a statute which requires the assignee of a promissory note to exhaust his remedy against the maker before proceeding against the assignor reaffirmed.