SHEPHERD v. HILL


243 S.W.2d 1016 (1951)

SHEPHERD v. HILL et al.

Court of Appeals of Kentucky.

November 30, 1951.


Attorney(s) appearing for the Case

Combs & Combs, Prestonsburg, for appellant.

V. R. Bentley, Pikeville, for appellees.


WADDILL, Commissioner.

The basis of this suit is a $5,000 promissory note executed by Dr. W. J. Hill to R. L. Shepherd. The court found that the note was executed for a fraudulent purpose and without consideration and dismissed the petition seeking a recovery upon it.

In 1931 Dr. Hill was an accommodation endorser on several notes held by the First National Bank of Stone, Kentucky. During that year the bank went into receivership. In an effort to avoid his...

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