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1 S.C. Eq. 54

Macfarlane v. Moses

Court of Appeals of South Carolina

Decided February 15, 1840

Court of Appeals of South Carolina · decided 1840-02-15

Before Earle, J. at Charleston, Spring Term, 1839. This was an action on a bill of exchange, drawn at Vicksburg, by one Moore, in favor of Wm. J. Day, at six months, and accepted by the defendant, who, on the maturity of the acceptance, refused to pay the bill. The name of Wm.

Decided 1840-02-15

¶1Curia, per

Butler, J.

¶2The liability of an acceptor to pay a bill drawn to order, is to be distinguished from the right of one who presents it to receive payment. When a bill is presented for acceptance, the acceptor looks alone to the handwriting of the drawer, which he cannot afterwards dispute, but the holder’s title depends on the order of the payee, and his handwriting must be proved to entitle the holder to receive payment.

¶3In the case of Smith vs. Chester, (1 T. R. 654,) it was expressly ruled, that in an action against the acceptor of a bill of exchange, it is necessary to prove the handwriting of the first indorser, notwithstanding such indorsement was on the bill at the time it was accepted. The case in Sayer, (p. 223,) relied on by the counsel for the plaintiff in this case, in which it was supposed that Lord Mansfield had held a contrary opinion, was commented on and considered by the Court in the case of Smith vs. Chester. The Judges there remark that the subject had been fully discussed and the law well settled; and the uniform current of decisions has conformed to the case last quoted.

¶4The defendant, in strictness, was entitled to a non-suit; but, to prevent further delay and litigation, which would be the consequences of another action, the Court has thought it advisable to grant a new trial.

Richardson, O’Neall and Earle, JJ. concurred.
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