Legal Opinion

Northeast Factor & Discount Co. v. Mortgage Investments, Inc.

Court of Appeals of Georgia

Decided May 2, 1963No. 40047PublishedCited by 7 opinions

1Opinion of the Court

Eberhardt, Judge.

Did the form of the transfer here amount to a general indorsement, a special indorsement, or an assignment only?

While there is a hopeless conflict of authority as to the effect of a transfer in the form used here, the majority rule both before and after adoption of the Negotiable Instruments Law has been and is that the effect is that of a general or commercial indorsement. 8 Am. Jur. 254, Bills & Notes, § 546; Annot. 44 ALR 1354; Beutel’s Brannan, Negotiable Instruments Law, § 31, p. 601 (7th Ed. 1948); and see, Assignment on Back of Notes as Indorsement, 19 Cal. L. Rev. 324…

2Cases cited24 opinions

  1. Tindall v. NisbetSupreme Court of Georgia · 1901
  2. Robbins v. Welfare Finance Corp.Court of Appeals of Georgia · 1957
  3. Haug v. RileySupreme Court of Georgia · 1897
  4. Harvey v. ZellCourt of Appeals of Georgia · 1952
  5. Vanzant, Jones & Co. v. Arnold, Hamilton & JohnsonSupreme Court of Georgia · 1860

19 more not listed; retrieve them via the Exa API.

3Cited by7 opinions

  1. Matrix Properties Corp. v. TAG INVESTMENTSNorth Dakota Supreme Court · 2000
  2. State v. JacksonSupreme Court of Georgia · 1999
  3. Womack v. StateSupreme Court of Georgia · 1998
  4. Clark v. S. F. C. Acceptance Corp.Court of Appeals of Georgia · 1964
  5. D.C. Micro Development, Inc. v. BrileyCourt of Appeals of Georgia · 2011

2 more not listed; retrieve them via the Exa API.

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