Cahoon v. Moore
Cahoon v. Moore
Opinion of the Court
It is insisted, on the part of the defendant, that the administrator of the payee of a negotiable note, has no power to indorse it, so as to enable the indorsee to maintain an action on it in his own name ; but this is a position to which we cannot accede. Though this might once have been a question, in England, that would admit of argument, yet it has long since been put at rest. The executor or administrator of a person to whom a bill or note is made payable, has the absolute property in it, and is clothed with all the powers of the payee, and he may, therefore, assign it to whom he pleases, and such assignee may maintain an action in his own name.
This is the settled law of England ; but it is insisted, that a different rule should obtain in this state. We do not discover any good reason for changing the rule. In the case of Griswold v. Barnum, 5 Vt. R. 269, it was held that a declaration, much like the present, was sufficient. The doctrine of that case is, that an administrator’s indorsement of a negotiable note will enable the indorsee to maintain an action in his own name against the maker, where there is no insolvent representation of the estate, nor any matters of offset, under the statute law of the state, to embarrass such action. This is a direct authority to sustain the present declaration.
It is also urged that the declaration contains no averment of the place where the payee of the note resided at the time of his death, or by what authority the letters of administration were granted to Isabella C. Hunter.
In the case of Stone v. Rawlinson, Willes’ R. 560, cited in the plaintiff’s brief, it was held that the indorsee in a declaration upon a note indorsed by the administrator of the payee, need not make profert of the letters of administration, nor aver by whom the letters of administration were granted. In that case, it is said, “the letters of administration cannot be supposed to be in the custody or power of the indorsee, and, therefore, he ought not to be obliged to produce them, and, for the same reason, he need not show by whom they were granted.” On trial, it would, no doubt, be necessary for the plaintiff not only to give in evidence the letters of administration, as they furnish the title under which he claims, but must, also, show that they were granted by a court of
Reference
- Full Case Name
- George C. Cahoon v. Adams Moore
- Status
- Published