To hold indorser, he should be properly notified concerning note non-payment; and whether it has

To hold indorser, he should be properly notified concerning note non-payment; and whether it has been made, a fact question. If he has not been properly notified, this protection will help every time when it is clearly proved. The big variety of protection can be successfully made indorser. A little from these protection here are is short noticed: Everyone - usury; another - unloading of the manufacturer by the holder; and thus it cannot be kept, when he has paid the note; neither when its problem was illegal, nor when the note was non-turnaround when it has been provided by swindle. At last, indorser it can be helped by any protection existing between the holder and the manufacturer or the basic debtor. It is obviously fair principle as the holder should have no more rights against indorser, than it has against the manufacturer. If, therefore, the manufacturer can interfere, some only demand as partial or full protection which indorser needs to allow to be helped independently this requirement.