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By the Court. 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.
Document Info
Citation Numbers: 104 Mass. 253
Filed Date: 3/15/1870
Precedential Status: Precedential
Modified Date: 11/9/2024