Supreme Court of Alabama March 1, 1934, 8 Div. 573. (Perkins Oil Co. v. Davis)

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United States · · · 01-03-1934

KNIGHT, Justice.

Suit by holder of a promissory note against an accommodation indorser. The rights of a bona fide holder, in due course, before maturity, are not involved. Under the pleadings and evidence in the case, any defense open to the defendant as against plaintiff’s assignor, is equally available to him against the plaintiff. Code, § 9084; Fortson v. Bishop, 204 Ala. 524, 86 So. 399.

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