TATE, Judge.
The issues of this case concern the maker's liability where there has been a material alteration of a negotiable instrument. A payee sues upon the altered instrument itself; alternatively upon the underlying debt evidenced by the instrument, if the material alteration is deemed to have discharged the maker's liability on the note.
This suit arises out of three promissory notes totalling $13,750 executed by the defendant Taylor, as maker, in favor...
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