David Josiah Brewer,
Nelson v. Flint — Opinion of the Court
“ The mere statement of the proposition carries its own answer. Conversations between two makers of a note in the absence of the payee are clearly not binding upon the latter. No representations, true or false, made by one maker of a note to another, no secret understanding between such markers, no inducements offered by one to the other, affect the validity of the instrument in the hands of the payee, unless he knew, or was chargeable with notice of, such facts. The vital question is not what passed between the makers by themselves, but what passed between the payee and any one of the makers. ”
