Hines v. Mullikin
Hines v. Mullikin
Opinion of the Court
It is extremely difficult to lay down general rules, applicable to irregular indorsements such as this, inasmuch as they are special contracts, and each must be governed by the intentions of the parties, so far as that can be ascertained from the language employed. That is frequently a matter of great difficulty, where, as in this case, if the parties had any definite idea of the contract they were making, they have been singularly unfortunate in the language employed by them in setting it out.
In Nesbit v. Bradford, 6 Ala. 749, we considered that where the security upon which an imperfect indorsement was written, may be the • subject either of assignment or in-dorsement, the imperfect indorsement will be governed by the same rules as those which apply to perfect indorsements ; and that the same diligence is necessary to charge an indor-ser, as would be necessary if the indorsement was perfect; but that a suit is unnecessary whenever the maker is unable to pay by reason of insolvency.
That rule, if applicable to this case, ascertains the sufficiency of this declaration, as some of the counts charge the insolvency of the maker of the note, as an excuse for not bringing the suit against him, which our statute requires, to fix the liability of the assignor of a note not mercantile in its
Case-law data current through December 31, 2025. Source: CourtListener bulk data.