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HAMMOND v. SOUTHERN COTTON OIL COMPANY

34779.

89 Ga. App. 79 (1953)

78 S.E.2d 544

HAMMOND v. SOUTHERN COTTON OIL COMPANY.

Court of Appeals of Georgia.

Decided October 30, 1953.

Attorney(s) appearing for the Case

H. L. Barnett, Y. A. Henderson, Maddox & Maddox, for plaintiff in error.

Beverly Langford, Matthews, Maddox & Bell, contra.

CARLISLE, J.

1. A contract on the back of a promissory note, signed by one other than the payee thereof and in the following words, "For value received, the endorser or endorsers on this note hereby guarantee the payment of the same at maturity, or at any time thereafter, with interest at the rate of 8 percent per annum until paid, waiving demand, notice of non-payment, and protest," prima facie imports a contract of guaranty. Baggs v. Funderburke, 11...

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