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32 Tex. 134

McDonough v. Vansickle

Texas Supreme Court

Decided July 1, 1869

Texas Supreme Court · decided 1869-07-01

Tried below before the Hon. J. B. Williamson. McDonough sued Yansickle on an instrument in the following form: “ One month after date I promise to pay Ben. A. Yansickle, or bearer, one first class sulky, made in Henderson, worth seventy-five dollars, and forty dollars in cash. “ A. K. Yansickle.” The plaintiff introduced no evidence but the instrument itself.

Decided 1869-07-01

Morrill, C. J.

¶1Suit upon a note payable to B. Yansickle, or bearer, calling for a sulky worth seventy-five dollars, and forty dollars in cash.

¶2The judge charged the jury, that it was incumbent on the plaintiff to prove that he paid a valuable consideration for the note, and that possession of the note by the plaintiff is not proof that he obtained it for a valuable consideration.

¶3We believe the court erred in the charge. By the terms of the note any hearer of it could sue upon it, and it was no more *136necessary for McDonough, the bearer, to prove a consideration for its reception than the other named payee.

¶4The maker of the note so worded it that it was assignable and transferable by delivery, and by its execution the maker acknowledged value received from whomsoever shoidd be the bearer.

¶5The judgment is reversed, and such judgment here rendered as the District Court should have rendered, viz: a judgment for the amount of the note and interest.

¶6Reversed and rendered.

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