¶1Carlton, 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.
104 Mass. 253
Lindsay v. Chase
Massachusetts Supreme Judicial Court
Decided March 15, 1870
Massachusetts Supreme Judicial Court · decided 1870-03-15
Contract, by Richmond Lindsay, William H. Young and Henry P. Rich, partners under the firm of Lindsay, Young & Company, on a promissory note made by the defendant March 18, 1868, payable in six months to the order of Henry E. Carlton, and by him indorsed in blank. Writ dated September 30, 1868.
Cited by 1 later decisions — most recently January 1884
1 state decisions
Good law ✅— No negative treatment on recordhow we know
Decided 1870-03-15
View the full empirical analysis of this case →