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10 Misc. 45

Pearl v. Raduziner

City of New York Municipal Court

Decided October 15, 1894

City of New York Municipal Court · decided 1894-10-15

<p>Defendant was indorser on certain notes given by Ms wife, wMch were payable, to the order of the plaintiff. It was alleged and proved that the notes were given for goods sold to defendant’s wife, which plaintiff refused to deliver until defendant indorsed the notes. Held, sufficient to show that the purpose of the indorsement was to give credit to the maker, and that as to the plaintiff the defendant was liable as a first indorser.</p> <p>The fact that the plaintiff may have transferred the subject of the action to another is immaterial where it was returned and Ms former title reinstated before suit was brought, and in such case it is not necessary to allege such retransfer in the complaint.</p>

Decided 1894-10-15

Ehrlich, Gh. J.

¶1The action is on three promissory notes made by Julia Raduziner to the order of the plaintiff, and indorsed by the defendant, Adolph Raduziner, the husband of the maker.

¶2The action is ostensibly against the said Julia Raduziner and Adolph Raduziner; the latter alone defended.

¶3The complaint alleges, and on the trial the plaintiff proved, that the notes were given for goods sold to Julia Raduziner; and that the plaintiff refused to deliver up the property until Adolph Raduziner, her husband, indorsed the obligations.

¶4Thus it was clearly made to appear that the purpose of the indorsement was to give credit to the maker, and that the plaintiff, although nominally the payee in the notes, was in fact and in law a second indorser, Adolph Raduziner becoming the first indorser primarily liable thereon.

¶5The fact that the plaintiff may have transferred the notes to another is of no consequence, for they were returned to him before suit was brought, and his former title reinstated.

¶6*46It was not necessary to the cause of action to allege such retransfer, because the transaction was in legal effect the same as if no transfer had ever been made by the plaintiff.

¶7The judgment is right, and must be affirmed, with costs.

¶8Xewbubgbr and Eitzsimons, JJ., concur.

¶9Judgment affirmed, with costs.

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