Lindsay v. Chase

Massachusetts Supreme Judicial Court

Lindsay v. Chase

104 Mass. 253

Massachusetts Supreme Judicial Court·Decided March 15, 1870·Published·Cited by 2 cases

Opinion

By the Court.

Carlton, the payee of the note in suit, indorsed it in blank and delivered it to Kimball, Lindsay & Company. They could then maintain an action against the defendant, as indorsees. When they dissolved, and Lindsay, with the other coplaintiffs, formed a new firm and took the note, they became the indorsees, they being the owners and holders, and the indorsement being still in blank. The instructions were correct. Exceptions overruled.

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By the Court.

Carlton, the payee of the note in suit, indorsed it in blank and delivered it to Kimball, Lindsay & Company. They could then maintain an action against the defendant, as indorsees. When they dissolved, and Lindsay, with the other coplaintiffs, formed a new firm and took the note, they became the indorsees, they being the owners and holders, and the indorsement being still in blank. The instructions were correct. Exceptions overruled.

Lindsay v. Chase, 104 Mass. 253 (Mass. 1870).

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Opinion

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