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