Cedar Rapids National Bank v. Beckham
This text of 65 S.E. 359 (Cedar Rapids National Bank v. Beckham) is published on Counsel Stack Legal Research, covering Court of Appeals of Georgia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Opinion
1. In a suit by a transferee of a negotiable instrument, an indorsement thereon in the corporate name of the payee, though not accompanied by the corporate seal, is sufficient proof of the transfer, unless the indorsement be denied by a sworn plea of non est factum. Civil Code, §3705; Sheffield v. Johnson County Bank, 2 Ga. App. 221 (58 S. E. 386).
2. The plea in the present case was not sufficient to put the plaintiff to proof of the indorsement. Crockett v. Garrard, 4 Ga. App. 360 (61 S. E. 552).
3. The court erred in granting a nonsuit. Judgment reversed.
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Cite This Page — Counsel Stack
65 S.E. 359, 6 Ga. App. 571, 1909 Ga. App. LEXIS 391, Counsel Stack Legal Research, https://law.counselstack.com/opinion/cedar-rapids-national-bank-v-beckham-gactapp-1909.