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Link to the Case Preview: http://supreme.justia.com/us/104/30/
Link to the Full Text of Case: http://supreme.justia.com/us/104/30/case.html
U.S. Supreme Court
Martin v. Cole, 104 U.S. 30 (1881)
Martin v. Cole
104 U.S. 30
ERROR TO THE SUPREME COURT
OF THE TERRITORY OF COLORADO
Syllabus
1. In an action against a party upon his endorsement in blank of a negotiable promissory note, evidence of a contemporaneous parol agreement that the endorsement was without recourse is inadmissible.
2. The ruling in Wills v. Claflin, 92 U. S. 135, construing a statute which requires the assignee of a promissory note to exhaust his remedy against the maker before proceeding against the assignor reaffirmed.
