52-301.
History: L. 1905, ch. 310, § 31; R.S. 1923, 52-301; Repealed, L. 1965, ch. 564, § 416; January 1, 1966.
CASE ANNOTATIONS
1. Mutual and concurrent promises sufficient consideration for check. Hawkins v. Windhorst, 82 K. 522, 524, 108 P. 805.
2. Accommodation endorser who pays note becomes holder in due course; "remitted to his former rights," not applicable to accommodation endorser. Lill v. Gleason, 92 K. 754, 759, 142 P. 287.
3. Endorsement may be written upon any part of the instrument; where payee writes name under maker's he signs as endorser. Lumber and Coal Co. v. Robbins, 104 K. 619, 621, 180 P. 264.
4. Bank unauthorized to accept bill of exchange payable in future; bank may not loan its credit. Ingersoll v. Bank, 110 K. 122, 126, 202 P. 837.
5. Consideration for notes presumed. Drake v. Seck, 116 K. 717, 718, 229 P. 67.
6. Defendant must overcome presumption of consideration. Home State Bank v. DeWitt, 121 K. 29, 31, 245 P. 1036.
7. Evidence of consideration unnecessary to avoid demurrer. Campbell v. Wilcoxen, 134 K. 500, 501, 7 P.2d 46.
8. Evidence of illegality of consideration held sufficient as against demurrer. First Nat'l Bank v. Strawn, 145 K. 934, 67 P.2d 589.
9. Promissory note and mortgage in writing import a consideration. Niebauer v. Bivins, 149 K. 260, 268, 87 P.2d 619.
10. Consideration is presumed; action on check. Glenn v. Lukenbill, 192 K. 514, 515, 517, 389 P.2d 792.