New York Court of Appeals
Peter R. Kelly, Respondent v. Horace F. Burroughs, Appellant
March 26, 1886102 N.Y. 93
Summary
The Court affirmed the judgment, holding that a second indorser who paid and took up a promissory note becomes a holder for value and may sue the first indorser for indemnity, and that the plaintiff may testify about transactions with the deceased maker despite § 829 of the Code of Civil Procedure.