Beeman v. Lovett

46 Cal. 387

Opinion

By the Court:

Mrs. Cameron, the payee of the note sued upon, gave no value for it; her assignee, the plaintiff here, holds it for her, and for the mere purpose of instituting this action.

The Court below erred upon the facts found in holding that McCarthy had authority from the defendant to deliver the note to the assignee of the plaintiff in satisfaction of the note of 1867, or for any other purpose.

Judgment reversed and cause remanded.