THOMPSON v. TAYLOR

No. 1857.

192 So.2d 609 (1966)

C. R. THOMPSON, d/b/a Thompson Feed and Seed, Plaintiff-Appellant, v. O. L. TAYLOR, Defendant-Appellee.

Court of Appeal of Louisiana, Third Circuit.

December 1, 1966.


Attorney(s) appearing for the Case

Mitchel M. Evans, DeRidder, for plaintiff-appellant.

James C. Terrell, Jr., Leesville, for defendant-appellee.

Before TATE, FRUGÉ, and HOOD, JJ.


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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