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Updated: June 11, 2025
If a note, which a third party has endorsed, becomes due, never agree to an extension of time without getting the written consent of the endorser. Many men have lost through their ignorance of this essential transaction. We are not quite through with the note.
The company had used my name as endorser to a large amount, many times larger than I had any idea of. I will here give a brief account of the firms carrying on this important business in Connecticut. The New Haven Clock Company, which succeeded the Jerome Manufacturing Company, are now making more clocks than any three other makers in the state.
Bills for discount were eagerly sought after, and little attention was paid to the respectability of the names of either drawer or endorser. Cash-advances were publicly advertised by the Commercial Bank. Parties, to my certain knowledge, were stopped in the street by the Aberdonian just alluded to, who solicited their business with a very bland smile.
Layton sighed, and stood silent for some time. "Will that suit you?" said Grasper. "I am afraid not. I have never asked for an endorser in my life, and do not know any one who would be willing to go on my paper." "Well, just as you like. I shall not give up the certainty of a present legal process, for bits of paper with your name on them, you may depend upon it."
Pardon me if I recall to you that it was partially, at least, on my recommendation that you were given the position at the library, and that now my name as your endorser is measurably involved. Of course if after what I have to say you persist in receiving Mr. Forrest's attentions, as we will call them, you must do so at your own risk." "Mr.
"I am an acme of things accomplished, and I an endorser of things to be. My feet strike an apex of the apices of the stairs, On every step bunches of ages, and large bunches between the steps, All below duly traveled, and still I mount and mount.
Remember the indorser of a note must be notified within twenty- four hours of the failure of the drawer to make good. The object in protesting a note is to fix the liability on the endorser. If there be more than one endorser notice of protest must be sent to all at the same time. It is better, where possible, to serve the notices on the indorsers in person. The payee must also be notified.
A plain business document: he took Dr. Knowles's share in the factory; the payments made with short intervals; John Herne was to be his endorser: it needed only the names to make it valid. Plain enough; no hint there of the tacit understanding that the purchase-money was a wedding dowry; even between Herne and himself it never was openly put into words.
"And yet, sir," continued Andre, "you did not hesitate for a moment in discounting these bills. Have you calculated what terrible results may come of this breach of faith on your part? what will happen if this forged signature is presented to M. Martin Rigal?" "Very unlikely. Gandelu is the drawer, Rigal merely the endorser.
He pulled himself up, for Gerald's coolness was steadying. "However, I must understand. What will happen when the lender finds you cannot pay?" "The usual course would be for him to go to the endorser," Gerald replied and added with some awkwardness: "I mean the man whose name I used. His signature's a guarantee and makes him liable.
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