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157 Ill. 379

Henderson v. Davisson

Illinois Supreme Court

Decided October 14, 1895

Illinois Supreme Court · decided 1895-10-14

Thomas P. Tipton, •Judge, presiding. The note in controversy for $1435, executed by appellants, Harry M. and Prank R. Henderson, to one J. C. Phillips as payee, was sold and endorsed by Phillips to •appellee, H. D. Davisson. Appellee afterwards borrowed $400 from the People’s Bank and pledged the Henderson note as collateral, by endorsing his name on the note and delivering possession of it to said bank.

Relies on Parks v. Brown · Laflin v. Sherman

Good law ✅— No negative treatment on recordhow we know

Decided 1895-10-14

How this case has been cited

Cited by 22 later decisions — most recently June 1953

22 state decisions

901895190019101920193019401950decided

Later decisions citing this case, by decade. The current decade is in progress, and our corpus holds fewer opinions from the most recent years, so the latest bars are undercounted — not a real decline.

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Mr. Justice Phillips

¶1delivered the opinion of the-court:

¶2The note having matured and suit been instituted thereon, if a judgment is rendered no subsequent holder-can thereafter maintain a recovery on the same. (Middleton v. Griffith, 31 Atl. Rep. N. J. 405.) It is a matter with which the defendant has no concern as to rights between the plaintiff and another in the beneficial interest in the judgment, unless his defense is set off, payment, etc. Parks v. Brown, 16 Ill. 454.

¶3Possession of the note is prima facie evidence of ownership, and a payee or endorsee in possession may recover, notwithstanding an endorsement of his name on the back thereof. (Gillham v. State Bank, 2 Scam. 245; Laflin v. Sherman, 28 Ill. 391; Palmer v. Gardiner, 77 id. 143; Best v. Nokomis Nat. Bank, 76 id. 608.) Notwithstanding the endorsement, the plaintiff, when the note again comes to his possession, may disregard the endorsement or strike it out. Its existence does not defeat a recovery. Parks v. Brown, 16 Ill. 454; Richards v. Darst, 51 id. 140; Humphreyville v. Culver, Page, Hoyne & Co. 73 id. 485; Palmer v. Gardiner, supra; Best v. Nokomis Nat. Bank, supra.

¶4The purpose for which the note was delivered to the plaintiff, with the manner of the endorsements, was sufficient to authorize suit in the plaintiff’s name.

¶5The third proposition stated a fact shown by the evidence, and ignores the fact of the return of the note to the plaintiff, and possession, etc. The second and fourth propositions have the same vice. It was not error to refuse those propositions.

¶6The note was admissible in evidence, and it was not error to enter judgment thereon. Nor .was it error in the Appellate Court to affirm that judgment.

¶7A motion is entered in this court to affirm the judgment and assess ten per cent damages because the appeal is alleged to be taken for delay. That motion can not be sustained under the questions presented on this record. Questions of law are here presented.

¶8The judgment is affirmed.

¶9Judgment affirmed.

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