Central N. Bank v. Dreydoppel
Central N. Bank v. Dreydoppel
Opinion of the Court
Opinion,
The promissory note in controversy was made by Jones & Eaton, payable to their own order as payees. ■ It was indorsed by William Dreydoppel, the defendant, and subsequently bjr the payees. This constituted what is known as an irregular indorsément; and the defendant claims that by reason thereof he is not liable to the plaintiff, who is the holder. The responsibility of such an indorser, however much it may have been doubted at one time, is now well understood. “ Nobody ever doubted,” said Justice Shakswood in Eilbert v. Finkbeiner,
Judgment affirmed.
Reference
- Full Case Name
- CENTRAL N. BANK v. WM. DREYDOPPEL
- Cited By
- 1 case
- Status
- Published
- Syllabus
- [To be reported.] One who indorses a promissory note drawn to the order of the maker, but before the latter has indorsed it, will be liable to the holder, after the maker has indorsed and negotiated it, although the indorsement of the maker and payee is placed beneath the signature of the irregular indorser : Schafer v. F. & M. Bank, 59 Pa. 144, and cases following it, distinguished.*