52-907. History: L. 1905, ch. 310, § 132; R.S. 1923, 52-907; Repealed, L. 1965, ch. 564, § 416; January 1, 1966. CASE ANNOTATIONS 1. Lowering of interest rate constitutes material alteration. Insurance Co. v. Martindale, 75 Kan. 142, 146, 88 P. 559. 2. Change in time of payment is a material alteration. Holyfield v. Harrington, 84 Kan. 760, 761, 115 P. 546. 3. Change in the rate of interest is a material alteration. Edington v. McLeod, 87 Kan. 426, 124 P. 163. 4. Substitution of "bearer" for "the order of" a material alteration. Bank v. Sams, 96 Kan. 437, 442, 152 P. 28. 5. Erasure of name is material alteration. Holloway v. Gano, 125 Kan. 3, 6, 262 P. 573. 6. Notation extending note made after maturity is not a material alteration. Stevenson v. Good, 140 Kan. 318, 319, 323, 37 P.2d 41. 7. Change in interest rate, if maker assents, does not bar recovery. Krehbiel v. Voth, 140 Kan. 594, 598, 37 P.2d 1022. 8. Plaintiff changing place of payment without fraud held holder in due course. National Bank of Topeka v. Davies, 143 Kan. 542, 545, 56 P.2d 82. 9. Insertion later obliterated held not a material alteration. Willoughby v. Sheedy, 157 Kan. 505, 507, 142 P.2d 799. 10. Burden of proof on payee to prove alteration made by maker, when. Henley v. Carrington, 160 Kan. 630, 632, 164 P.2d 139. 11. Evidence of payee that deceased maker altered note is inadmissible. Henley v. Carrington, 160 Kan. 630, 632, 164 P.2d 139. 12. Pleading disclosed material alteration of note; demurrer thereto sustained. Fidelity Hail Ins. Co. v. Anderson, 172 Kan. 253, 254, 239 P.2d 830. Previous | Next LEGISLATIVE COORDINATING COUNCIL General Policies 2026 Archived LCC Documents Archived LCC Meetings REVISOR OF STATUTES Archived Session Documents Archived School Finance Documents USEFUL LINKS Session Laws Kansas Administrative Regulations OTHER LEGISLATIVE SITES Kansas Legislature Administrative Services Division of Post Audit Research Department Contact Us PDF Help www.ksrevisor.gov 2026