Supreme Court of North Carolina June 27, 1931 (Trust Co. v. . Woltz)

On 2 June, 1927, W. H. McNeill executed and delivered to the plaintiff a promissory negotiable note for the sum of $350. The note contained the following clause: "The subscribers and endorsers hereof hereby agree to remain and continue bound therefor, notwithstanding any extension or extensions of the time of payment of it, or any part of it, and notwithstanding any failure or omission to make