Carlton, the payee of the note in suit, indorsed it in blank and delivered it to Kimball, Lindsay & Company. They could then maintain an action against the defendant, as indorsees. When they dissolved, and Lindsay, with the other coplaintiffs, formed a new firm and took the note, they became the indorsees, they being the owners and holders, and the indorsement being still in blank. The instructions were correct. Exceptions overruled.