Temple v. Seaver
Temple v. Seaver
Opinion of the Court
The law is well settled that if a note is made by a firm to one of its members, or his order, and indorsed by such member, the indorsee may maintain an action upon it. It is the promise of the firm to pay to one of its members, or to such person as he shall appoint. By the indorsement of the note, the appointment is made. Before the indorsement, the promisee cannot maintain an action at law upon the note because of the technical rule that a man cannot sue himself—cannot be plaintiff and defendant in the same suit at law.—and not because the firm has any defence in law or equity to the contract. This technical rule does not prevent a firm from making a promise to pay money to such person as one of its members shall order or direct. Pitcher v. Barrows, 17 Pick. 361; Little v. Rogers, 1 Met. 108; Thayer v. Buffum, 11 Met. 398; Fulton v. Williams, ante, 108; Smith v. Lusher, 5 Cowen, 688. The precise ground of defence relied upon is, that the note was not indorsed by Seaver till after the dissolution of the partnership ; and the note did not assume the character of a contract
Exceptions sustained.
Reference
- Full Case Name
- Hiram Temple v. William Seaver & another
- Status
- Published