Massachusetts Supreme Judicial Court September 15, 1846 (Thayer v. Buffum)

Shaw, C. J.

By St. 1839, c. 131, § 1, it is provided, that “ in any action brought upon a promissory note payable on demand, by an indorsee against the promisor, any matter shall be deemed a legal defence, and may be given in evidence accordingly, which would be a legal defence to a suit on the same note, if brought by the promisee.