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Updated: July 11, 2025
Though the drawer, acceptor, and indorsers of the bill, should all of them be persons of doubtful credit; yet, still the shortness of the date gives some security to the owner of the bill. Though all of them may be very likely to become bankrupts, it is a chance if they all become so in so short a time.
I admitted that the effect of such a publication would surely be good, and would probably stave off immediate demand till their assets could be in part converted or realized; but I naturally inquired of Folsom, "Have you personally examined the accounts, as herein recited, and the assets, enough to warrant your signature to this paper?" for, "thereby you in effect become indorsers."
Schoolmistress curious, takes a quick glance at divinity-student. Divinity-student slightly flushed; draws his shoulders back a little, as if a big falsehood or truth had hit him in the forehead. I should not make such a speech as that, you know, without having pretty substantial indorsers to fall back upon, in case my credit should be disputed. "DESIDERII ERASMI COLLOQUIA. Amstelodami.
A reformatory law which would enforce this principle against all indorsers of persons for public place would insure great caution in making recommendations. A salutary lesson has been taught the careless and the dishonest public servant in the great number of prosecutions and convictions of the last two years.
Divinity-student slightly flushed draws his shoulders back a little, as if a big falsehood or truth had hit him in the forehead. I should not make such a speech as that, you know, without having pretty substantial indorsers to fall back upon, in case my credit should be disputed. "DESIDERII ERASMI COLLOQUIA. Amstelodami. Typis Ludovici Elzevirii. 1650." Various names written on title- page.
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.
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 admitted that the effect of such a publication would surely be good, and would probably stave off immediate demand till their assets could be in part converted or realized; but I naturally inquired of Folsom, "Have you personally examined the accounts, as herein recited, and the assets, enough to warrant your signature to this paper?" for, "thereby you in effect become indorsers."
Divinity-student slightly flushed draws his shoulders back a little, as if a big falsehood or truth had hit him in the forehead. I should not make such a speech as that, you know, without having pretty substantial indorsers to fall back upon, in case my credit should be disputed. "DESIDERII ERASMI COLLOQUIA. Amstelodami. Typis Ludovici Elzevirii. 1650." Various names written on title-page.
On the morning of the day which brought the downfall of Stearine and his indorsers, Sandford and Fayerweather, with the Vortex, whose funds they had misappropriated, Monroe came to the counting-room unusually cheerful. His anxiety respecting his little property was relieved, for he thought the monetary crisis was past, and that thenceforth affairs would improve.
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