Dick v. Maxwell
Dick v. Maxwell
Opinion of the Court
delivered the opinion of
According to the point filed in this court, on the part of the appellant; two principal grounds of defence appear to be assumed. The first relates to want of property shewn in the plaintiff as holder of the bill, and improper pursuit on his part in not suing all the partners by whom it is alleged to have been accepted. The second embraces the whole merits of the case, as it affects the interest of the defendant who has appealed. It is attempted to shew that the
The state of the endorsements on the bill is relied on to shew that the present plaintiff and alleged bona fide holder, is not the legal proprietor. The first endorsement by the payees is in blank—a full endorsement is made to the order of Augustus Guibert, which appears to have been stricken out by the present holder This, according to the custom of merchants, he had a right to do. see Bailey, on the law of Bills of Exchange, & c. p. 68, and the cases therein referred to.
In ordinary commercial partnerships, every one of the partners is bound in solido for the debts of the partnership; and the debt is presumed to be contracted in the name of the partnership, when one of the partners signs in the name of the company, &,c. see old c. code, p 396, 98, art. 41. When several persons are bound in solido, or in other words, when an obligation is joint and several, the obligee may pursue all the obligors jointly, or any one of
It is contended for the appellant that the acceptance of the bill in question created no obligation on his part, because his partners [admitting them to be such] used the name of H. B. Maxwell, and Co. to pay off their individual debt, and that the plaintiff being only a trustee for the payers of the bill, must be subjected to any defence which would be good against them; consequences seriously affecting the ap-pellee’s claim might result from this means of defence if it had been fairly put at issue by the pleadings of causes in any stage of its progress before the several juries. This was not done and we are therefore of opinion, that all the evidence offered in favor of the defendant to support this species of defence, was properly rejected by the court below. The case, if its character be determined by the petition and answer, is simply one between the endorser of a
We think the judge did not err in refusing to admit the evidence offered. The stipulations in the instrument which when completed, were to have regulated the respective interests
Upon a strict examination of the whole case as brought before this court, we are unable to discover any error in the proceedings or judgment of the court below.
It is therefore ordered, &,c. that the judgment of the district court be affirmed with costs.
Case-law data current through December 31, 2025. Source: CourtListener bulk data.