for collection indorsement
Defined in 1 dictionary — Case Law
Definitions from Case Law
From 68 U.S. 166 - Sweeny v. Easter · 1863Most cited · 43 citing opinions
The words 'for collection' evidently had a meaning. That meaning was intended to limit the effect which would have been given to the indorsement without them, and warned the party that, contrary to the purpose of a general or blank indorsement, this was not intended to transfer the ownership of the note or its proceeds.