Raborg v. Peyton
15 U.S. 385 (1817)

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U.S. Supreme Court

Raborg v. Peyton, 15 U.S. 2 Wheat. 385 385 (1817)

Raborg v. Peyton

15 U.S. (2 Wheat.) 385

Syllabus

An action of debt will lie by the payee or endorsee of a bill of exchange, against the acceptor, where it is expressed to be for value received.

Debt will lie by the payee of a note against a maker where the note is expressed to be for value received.

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