Vietnam or Thailand ? Vote for the TOP Country of the Week !
Updated: May 23, 2025
Strict notice to a guarantor is not required to bind him, as in the case of an indorser. But to hold him liable in case immediate notice is not given, or the note is not immediately sued, it must be shown that he has not suffered injury from want of notice, or that the note was not collectable of the maker or indorsers when due.
I am willing to change my position on better evidence than yours being submitted, but till then call me an indorser of your work as to the cause and treatment of ague. Respectfully, yours, There are quite a number of others who have been over my ground, but the above must suffice here.
Again having need of accommodation, he sent his notes for a large sum to one of the city banks for discount. The president said an indorser would be required. "I shall indorse them myself," said Mr. Chickering. "That will never do," replied the president. "Very well," was the simple answer, and, without further words, he took the notes to another bank, which promptly loaned him the money on them.
Wa'al, he come to me some months ago, on the quiet, an' said that he wanted to borro' five hunderd. He didn't want to git no indorser, but he'd show me his books an' give me a statement an' a chattel morgidge fer six months. He didn't want nobody to know 't he was anyway pushed fer money because he wanted to git some extensions, an' so on. I made up my mind it was all right, an' I done it.
If the indorser resides in the same town, he may be notified personally by the holder, or by a messenger sent to his dwelling-house, where notice may be given personally, or left in a way likely to bring it to his knowledge.
And yet, if, before the time of Park, you had avowed a belief in Tombuctoo, you would have made yourself an indorser of that huge forgery which had so long circulated through the forum of Europe, and, in fact, a party to the total fraud.
Sidney, "you are not prepared to believe one other thing, more strange and paradoxical than all the rest. Listen! These notes are forgeries both of the maker and the indorser. And who think you are the criminals?" "The Jew?" "No." "The cashier?" "No.
He is a poor man, having been in office but two years, and expended all his income in paying debts for which he was an indorser, and he now wishes to get a few hundred dollars to carry him to California, or give him some other start in life.
Even Jim Blaisdell who, in his cashier's office, was held a skinflint and a keen judge of men, was cordiality itself when David went to him with a note for discount. "Gladly," he said. "But you'll have to have an indorser, you know." "I didn't know," laughed David. "You see, I never tried this before. Am I an innocent?" "It'll be all right, though," Blaisdell answered. "I'll indorse for you."
Unfortunately the speculation does not come to a head quite so soon as was expected, and another $10,000 note must be discounted to take up the last one when due. Before this note matures the speculation has proved an utter failure and all the money is lost. Does the loser tell his friend, the indorser, that he has lost half of his fortune? Not at all.
Word Of The Day
Others Looking