indorser
Definitions from Case Law · United States Supreme Court
Definitions from Case Law
From 80 U.S. 6 - Yeager v. Farwell · 1871Most cited · 42 citing opinions
of a negotiable note
The undertaking, however, of the indorser of a negotiable note is only to pay it in case the maker does not, and he is immediately notified of this default.
How often courts cite the cases defining “indorser”
Court decisions citing the 2 opinions that defined “indorser” — 57 in all, by decade. Counts are citations to the defining cases 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.
All 2 definitions, chronological · 1871–1873
An indorser of a promissory note is only secondarily liable. His responsibility is, in its nature, a contingent one, and ordinarily, performance of the condition to make demand of the maker and give notice of his default in due time is an essential part of the title of one who asserts an indorser's liability.