Caldwell v. Byrne
Decision Date | 17 April 1895 |
Citation | 30 S.W. 836 |
Parties | CALDWELL v. BYRNE. |
Court | Texas Court of Appeals |
Appeal from Live Oak county court; C. C. Cox, Judge.
Action by W. E. Caldwell against J. P. Lawley, as maker, and C. R. Byrne, as indorser, of a promissory note. Judgment was rendered against Lawley for the amount of the note, and a general demurrer as to Byrne was sustained, and judgment entered dismissing the case as to him. From the latter judgment, plaintiff appeals. Affirmed.
Baker & Sumners, for appellant. Beasley & Flournoy, for appellee.
Appellant sued J. P. Lawley as the maker and appellee as the indorser of a promissory note for $260, alleging that the note was made in favor of appellee, was dated January 1, 1892, was due one day after date, and was indorsed by appellee on October 26, 1893. The suit was filed on August 3, 1894. A general demurrer on the part of appellee was sustained, and judgment was rendered dismissing the case as to him, and against Lawley for the amount of the note and interest. From the judgment on the demurrer this appeal is prosecuted.
Article 262, Rev. St., has the same application to negotiable instruments indorsed after maturity as to those indorsed before. Such paper may be transferred by indorsement or delivery either before or after it becomes due, and the indorser is bound upon the same grounds of notice and protest or suit in the one case as the other. Daniel, Neg. Inst. § 724. It is apparent from the face of the petition that several terms of the county court had intervened between the time of the accrual of the cause of action against the indorser and the institution of the suit, and no attempt is made, in the petition, to excuse the failure to institute the suit earlier. It is held by the supreme court that Elliott v. Wiggins, 16 Tex. 596. That decision is conclusive on the points in this case, and it is supported by other decisions. Yale v. Ward, 30 Tex. 17; Payne v. Patrick, 21 Tex. 680; Kampmann v. Williams, 70 Tex. 571, 8 S. W. 310; Mullaly v. Ivory (decided by this court Feb. 27, 1895) 30 S. W. 259. The judgment...
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McCamant v. McCamant
...596." Article 579, supra, applies to negotiable instruments indorsed after maturity, as well as those indorsed before maturity. Caldwell v. Byrne, 30 S. W. 836; Burke v. Ward, 32 S. W. 1047. Therefore it would appear that this case comes within the rule laid down by the Supreme Court in Smi......
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...to a judgment against Buster under the statute above quoted. Elliott v. Wiggins, 16 Tex. 596; Mullaly v. Ivory, 30 S. W. 259; Caldwell v. Byrne, 30 S. W. 836. Because appellant Brown's pleadings are insufficient to entitle him to a recovery Buster as indorser on the note sued on by Brown, t......