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Updated: May 23, 2025
"Might look at one," said Kent. "Need one, don't you?" "Bad." "Need quite a mess of implements, don't you?" "Could do with 'em if I had 'em.... 'Tain't what I come fur, though, Scattergood. Been tryin' to borrow money off of my brother-in-law, but he don't calclate to lend without I git an indorser, and seems like he sets store by your name on a note." "Does, eh?
I found a responsible indorser before me, and it was my purpose to hold him liable, and to bring him to his just responsibility, without delay. Our opponents have charged us with being the promoters of a dangerous excitement. They have the effrontery to say that I am the friend of public disorder. I am one of the people.
On looking over our bills receivable, then about six hundred thousand dollars, I found Meiggs, as principal or indorser, owed us about eighty thousand dollars all, however, secured by city warrants; still, he kept bank accounts elsewhere, and was generally a borrower.
I found a responsible indorser before me, and it was my purpose to hold him liable, and to bring him to his just responsibility without delay. But, sir, this interrogatory of the honorable member was only introductory to another.
The entire signature of an indorser is often clearly copied on the underside of the blotting paper, which only needs to fall into the hands of a designing party to be projected on any paper or document and in any desired position.
If an indorsed note changes hands, each indorser is responsible to all endorsers who follow him and also to the last holder of the note. If an indorser, that is, one into whose hands the note has come after the first endorsement, should not wish to guarantee payment, he writes before his name, "Without recourse to me." This is known as a "qualified endorsement."
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