UNITED STATES SUPREME COURT DECISIONS ON-LINE
RABORG V. PEYTON, 15 U. S. 385 (1817)
15 U. S. 385U.S. Supreme Court
Raborg v. Peyton, 15 U.S. 2 Wheat. 385 385 (1817)
Raborg v. Peyton
15 U.S. (2 Wheat.) 385
Syllabus
An action of debt will lie by the payee or endorsee of a bill of exchange, against the acceptor, where it is expressed to be for value received.
Debt will lie by the payee of a note against a maker where the note is expressed to be for value received.