Muse v. Clark
Supreme Court of South Carolina
Before PeuriBoy and Shipp, JJ., Greenwood, April term, 1917, and April term, 1918. Action by J. P. Muse against W. B. Clark, George Bailey, Hugh E. Giles and F. E. Donnald. From judgment for plaintiff, the first three defendants appeal. Messrs.
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Before PeuriBoy and Shipp, JJ., Greenwood, April term, 1917, and April term, 1918. Action by J. P. Muse against W. B. Clark, George Bailey, Hugh E. Giles and F. E. Donnald. From judgment for plaintiff, the first three defendants appeal. Messrs. Grief, Park & Nicholson submit: That before the passage of the Negotiable Instruments Act it was settled that a material alteration of a negotiable instrument extinguishes all liability thereunder as against a party not consenting: 32 S. C. 244; 69 S. C. 7. An unauthorised instrument in the name of the payee of a promissory note, after execution and…
1Opinion of the Court
The opinion of the Court was delivered by
Mr. Justice Hydrick.
This is an action on a promissory note. Plaintiff alleges that defendant, Donnald, executed his note for $225, dated May 27, 1915, payable to the order of the Bank of Greenwood, on December, 1915, and defendants, Bailey, Clark, and Giles, indorsed said note to enable Donnald to raise said sum; that, thereafter and before maturity, the name of the payee, Bank of Greenwood, was stricken out, and plaintiff’s name was inserted in place thereof, as payee, by Donnald, after which plaintiff took the note, in due course, and advanced the…
2Cases cited4 opinions
- First National Bank v. GridleyAppellate Division of the Supreme Court of the State of New York · 1906
- State v. WorkmanSupreme Court of South Carolina · 1892
- Sanders v. BagwellSupreme Court of South Carolina · 1892
- Holbart v. LauritsonSouth Dakota Supreme Court · 1914
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