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"Your account is sued out, and must take its course, unless you can pay it, or give the required security under the law." "Won't you take my notes at three, six, nine, and twelve months, for the whole amount I owe you? I am very confident that I can pay you in that time; if not, you may take any steps you please, and I will not say a single word." "Yes, if you will give me a good endorser."
Goodnow, who was later to earn unenviable international notoriety as the endorser of the monarchy scheme, it erected what it was pleased to call the Presidential System; that is, it placed all power directly in the hands of the President, giving him a single Secretary of State after the American model and reducing Cabinet Ministers to mere Department Chiefs who received their instructions from the State Department but had no real voice in the actual government.
"You will please sign here, Mrs. Meilke," he said calmly, coming over to them with the sheet of paper laid smoothly upon a last-year's best-seller and with Charlie's fountain pen in his other hand. "And if Miss MacDonald will also sign, as an endorser, I think I can safely do away with any mortgage or other legal security."
And, as he's a real shaver, I'll have the minister, or some other responsible man, for an endorser." It was growing dusk when he reached the toll-house on Kimballton turnpike, about a quarter of a mile from the village of this name.
"Master Cornelius Ludlow, one might as well put on the Queen's livery at once, as to be steering in this uncertain manner, between the Coquette and the land, like a protested note sent from endorser to endorser, to be paid," commenced Alderman Van Beverout, uncasing himself in the great cabin with the coolest deliberation, while his niece sunk into a chair unbidden, her two attendants standing near in submissive silence.
This is the signature of Robert Tweed; I know it well, and would be glad to see it at the bottom of a promissory note for ten thousand pounds; that is, with a responsible endorser; but the uncertainty is much against your pecuniary interest, young man, since we become, as it were, underwriters that you are the individual named."
This form of bill does not represent goods or other value received, and the first endorser pays the amount named for the obliging person who accepts it. This species of fraud is tolerated because it is impossible to detect it, and, moreover, it is an imaginary fraud which only becomes real if payment is ultimately refused.
Many merchants, builders, contractors and others often find it necessary to borrow money in order to carry on their business successfully. If a man's business reputation is good, and the banks keep well posted in such matters, he may secure a loan on his own note, though even in such cases the name of a good endorser is required.
Freed from these attributes, He is again their enjoyer and endorser. Having created them Himself, He is above them all. Mind is a great creature, and it disappears into Unmanifest Prakriti. Unmanifest Prakriti, O Brahmana, disappears into inactive Purusha. There is nothing higher than Purusha which is Eternal.
As your recommender and endorser for the position you hold, I had a right, when you showed yourself heedless of my counsel and defiant of my injunctions, to say to your immediate superior that he should be cautious about allowing your intimacy with Mr. Forrest to be prosecuted within the shelter of his sanctum and practically under his own nose. "That's quite enough, Mr. Elmendorf.
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