Case Name: OLIVER against MUNDAY
Court: New Jersey Supreme Court
Jurisdiction: New Jersey
Decision Date: 1812-11
Citations: 3 N.J.L. 982
Docket Number: 
Parties: [*] OLIVER against MUNDAY.
Judges: 
Reporter: New Jersey Law Reports
Volume: 3
Pages: 537–537

Head Matter:
[*] OLIVER against MUNDAY.
OR CERTIORARI.
Reputed insolvency of the maker of a promissory note, is no excuse for want of notice to the indorser.
The action below was brought by Munday as indorsee, against Oliver as an indorser of a promissory note. It was admitted, that the indorsee had not demanded the money of the maker of the note, nor given any notice to the indorsee, of the non-payment. But it was also admitted, that the maker of the note was on [716] the limits of the jail of the county of Essex at the time the note became due, and was reputed to be insolvent.
Scudder, for plaintiff.

Opinion:
By the Court.
Notwithstanding the reputed insolvency of the maker of the note, yet a demand and refusal, and notice thereof, was necessary.
Judgment reversed.
S. P. Saund. PL and Ev. 292. Esp. Dig. 36. Doug. 497. 4 Mass. R. 344.