PARDEE v. FETTER

Docket No. 60, Calendar No. 46,608.

345 Mich. 548 (1956)

77 N.W.2d 124

PARDEE v. FETTER.

Supreme Court of Michigan.

Decided May 14, 1956.


Attorney(s) appearing for the Case

Goddard, McClintock, Fulton & Donovan, and Theodore Souris, for plaintiff.

David M. Miro, for defendant.


CARR, J.

Under date of May 27, 1949, a corporation of which defendant Fetter was president executed and delivered to plaintiff a promissory note in the sum of $5,000, due August 27th following, with interest at the rate of 2-1/2% per month. Defendant was an accommodation indorser on the instrument, waiving presentment for payment, notice of nonpayment, protest and notice of protest. Prior to the maturity of the obligation the corporation was adjudicated a bankrupt...

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