Conditional payment by note
Definitions from Case Law · United States Supreme Court
Definitions from Case Law
From 7 U.S. 311 - Harris v. Johnston · 1806Most cited · 17 citing opinions
effect of indorsement to third party
Upon principle, it would appear that such an action could not be maintained. The indorsement of the note passes the property in it to another, and is evidence that it was sold for a valuable consideration. If, after such indorsement, the seller of the goods could maintain an action on the original contract, he would receive double satisfaction.
How often courts cite the case defining “Conditional payment by note”
Court decisions citing the opinion that defined “Conditional payment by note” — 17 in all, by decade. Counts are citations to the defining case as a whole, not verified uses of the term. The dip in the most recent years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the latest years.