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1 Misc. 91

Howland v. Bates

City of New York Municipal Court

Decided October 15, 1892

City of New York Municipal Court · decided 1892-10-15

<p>In an action against the makers of a promissory note payable to their own order, the making and indorsement in blank were admitted. The plaintiff proved that he was a holder for value, and produced the note upon the trial. Held, that title to the note passed by delivery and defendant’s liability was not affected by the fact that the note was delivered to a corporation and not to plaintiff, and that a receiver of the corporation renounced all title to the same.</p>

Decided 1892-10-15

Van Wyck, J.

¶1This action is upon a promissory note made by defendants, as they admit, for valuable consideration payable to their own order and indorsed by them, but they alleged that the same was by them delivered to a certain corporation and not to plaintiff and the receiver of such corporation renounces all title to or claim in the same, -while the plaintiff gives evidence which clearly shows that he is the owner and holder of the same for value, and there seems no doubt but that he is and whether he secured the note directly from defendants or from the corporation to which they contend that they delivered it for value, can make no difference to defendants, for plaintiff produced the note on the trial and the same was marked in evidence and bore their indorsement in blank, and hence would pass by delivery to any one. Upon the record it is certain that neither the corporation nor its receiver could now maintain an action against the defendants upon the note. At the close of the testimony both parties requested the court to direct a verdict and neither requested to be allowed to go to the jury upon any question and thus the court became the trier of the facts as well as of the law, *92and his direction of judgment for plaintiff is supported by the evidence and was not against the weight of evidence.

¶2The judgment is to be affirmed with costs.

¶3Ehrlich, Ch. J., concur.

¶4Judgment affirmed.

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