Sold Note
The Cyclopedic Law Dictionary · Walter A. Shumaker and George Foster Longsdorf; ed. James C. Cahill · 1922
The Cyclopedic Law Dictionary
The name of an instrument in writing, given by a broker to a buyer of merchandise, in •which it is stated that the goods therein mentioned have been sold to him; or one given to the buyer by a broker employed to sell goods, in his own name, as agent of both seller and buyer, whereby they are respectively bound.
167 111. 372. 1 Bell, Comm. (5th Ed.) 435; Story, Ag. § 28.
Some confusion may be found in the books as to the name of these notes. They are sometimes called "bought notes."