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14 Abb. Pr. 385

Loomis v. Ruck

New York Supreme Court

Decided May 15, 1873

New York Supreme Court · decided 1873-05-15

John I. Loomis sued Martha and John Ruck, on a promissory note made by Martha, the wife of John, payable to her own order, and indorsed by her, and also indorsed by John, her husband.

Decided 1873-05-15

By the Court.*—J. F. Barnard, J.

¶1We think that a note made by a mailed woman payable to her own order and at a future date and at a specified place, is negotiable although it contain a clause that the amount of the note is therein made a charge upon her separate estate. To give her a position as to her separate estate as if unmarried, the use of the words whereby her separate estate is charged should not be held to destroy the negotiability of the note.

¶2The plaintiff is a bona fide holder of the note before maturity. He gave up his claim against John Ruck and took therefor the note in question.

¶3The cases establish this to be a good consideration. The judgment should be affirmed, with costs.

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