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1 Ind. 250

Mick v. Howard

Indiana Supreme Court

Decided December 23, 1848

Indiana Supreme Court · decided 1848-12-23

<p>A note made payable to partners in tlieir individual names, and assigned by one of the firm in the partnership name, can be given in evidence under the plea of non-assignment, in a suit by the assignee, against the mater -without further proof that the other partner authorized the assignment.</p>

Decided 1848-12-23

Smith, J. —

¶1The record in this case shows, that, upon the trial of the cause which had been commenced before a justice of the peace and appealed to the Circuit Com’t, the plaintiff gave in evidence a sealed note, filed as the cause of action, made by the defendant in favor of “ J. 8. Mien and H. II. Hays,” and indorsed “ Allen and Hays.” The plaintiff then proved that, at the date of the note, and for about a year after that date, the payees, Joseph 8. Allen and Hiram H. Hays, were partners, who transacted business under the firm-name of “ Mien and Hays,” and that the indorsement was in the hand-writing of Allen, one of the firm. This being all the evidence given by either party, the plaintiff offered to read the indorsement in evidence-, but the Court to whom the cause had been submitted upon several pleas, amongst which was one of “ non-assignment” sworn to, refused to permit him to do so, and, as it would appear, for the want of sufficient proof of the assignment, gaye judgment for the defendant.

¶2It is contended, by the defendant in error, that, as the note was not made payable to Allen and Hays by their firm-name, it must be regarded as individual and not partnership property, and, therefore, that there should have been further proof that Hays assigned it, or author*251ized its assignment to the plaintiff. We cannot perceive any good reason for this distinction. A partnership note or bill may be made by one of the partners, signing it “ for himself and partners,” or by subscribing the several names of the persons composing the firm or the firm-name. Chit, on Bills, 67. So, no doubt, a note may be made payable to partners by inserting their individual names in full, or the firm-name, and, upon the same principle, an assignment by one of the firm, made in either way, would be good. The case of Jones v. Mars, 2 Campb. N. P. R. was a suit by indorsees against the drawers of a bill of exchange,. The declaration stated that the defendants made their certain bill of exchange in writing, their own proper hands being thereunto subscribed.” The bill, when produced, appeared to be drawn in the defendants’ firm-name of “ Mars and Co.,” and it was held that this was not a variance.

Z. Baird, for the plaintiff.B. F. Gregory, for the defendant.

¶3As there appears to have been no other defect in the proof, we think tire plaintiff was entitled to a judgment upon the evidence adduced.

Per Curiam.

¶4The judgment is reversed with costs. Cause remanded, &c.

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