Lawrence v. Oakey
Supreme Court of Louisiana
Eastern Dist. APPEAL PROM THE COMMERCIAL COURT OF NEW-ORLEANS. This is an action by the payees against the defendants, as endorsers of a bill of exchange. One W. B. Tebo drew a bill at New-Orleans, December 19th, 1839, for nine hundred and thirty-seven dollars, payable to t he order of Lawrence & Hill, at the counting-house of S. W. Oakey & Co., in New-Orleans, three months after date. The bill was drawn on Messrs. J. H. Duggan & Co., Rodney, Mississippi.
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Eastern Dist. APPEAL PROM THE COMMERCIAL COURT OF NEW-ORLEANS. This is an action by the payees against the defendants, as endorsers of a bill of exchange. One W. B. Tebo drew a bill at New-Orleans, December 19th, 1839, for nine hundred and thirty-seven dollars, payable to t he order of Lawrence & Hill, at the counting-house of S. W. Oakey & Co., in New-Orleans, three months after date. The bill was drawn on Messrs. J. H. Duggan & Co., Rodney, Mississippi. It is endorsed by S. W. Oakey & Co., and by the payees, who are the holders. The plaintiffs allege, that the defendants endorsed said bill…
1Opinion of the CourtMorphy, J.
This case bears much analogy to, and can hardly be distinguished from that of Smith vs. Gorton, 10 Louisiana Reports, 376. It is brought on a bill of exchange, drawn by one Tebo, on Duggan & Co., of Mississippi, and made payable to the order of plaintiffs, at the counting-house of the defendants. The latter endorsed the bill for the purpose, it is alleged, of guaranteeing its punctual payment at maturity. Whatever may have been the decisions made in other states, in cases of this kind, the well settled law here is, that, where a person, not a party to a bill or note, puts his name upon it, ‘.…
2Cited by2 opinions
- Rogers v. GibbsSupreme Court of Louisiana · 1872
- H. B. Claflin Co. v. B. Feibelman & Co.Supreme Court of Louisiana · 1892