by John Marshall Harlan, Segrist v. Crabtree — Opinion of the Court
“ In The Kimball, 3 Wall. 37, 45, the court said that 'by the general commercial law, as well of England as of the United States, a promissory note does not discharge the debt for which it is given, unless such be the express agreement of the parties; it only operates to extend until its maturity the period for the payment of the debt. The creditor may return the note when dishonored, and proceed upon the original debt. The acceptance of the note is considered as accompanied with the condition of its payment.' These cases show the course of decision in this court. ”
