Truesdell v. Thompson
Truesdell v. Thompson
Opinion of the Court
As a general rule, the production of a promissory note, payable to a person named, or bearer, is prima fade evidence of a legal title as bearer, and no other proof of consideration, or of transfer by the nominal promisee, is necessary. Gilbert v. Nantucket Bank, 5 Mass. 97. So, where such note purports to be indorsed by the nominal payee, proof of such indorsement is not necessary, unless the plaintiff avers it in his declaration. Waynam v. Bend, 1 Campb. 175. Of course, an action may be maintained by one having the custody of the note, without indorsement or other proof of transfer. Wilbour v. Turner, 5 Pick. 526. So in an.action by the holder of a note payable to order, with a blank indorsement, which, like a note payable to bearer, passes by delivery. Beekman v. Wilson, 9 Met. 434.
The only circumstance, which is supposed to distinguish this case, is, that there is a clause in the note, stating that it is “ to be kept in the hands of Pearly Truesdell,” the plaintiffs’ intestate. This clause, it is urged, accounts for the
Judgment for the plaintiffs.
Reference
- Full Case Name
- Mary Truesdell and another, Administrators v. Jacob Thompson
- Status
- Published