Aiken v. Marine Bank
Wisconsin Supreme Court
APPEAL from the Circuit Court for Milwaukee County. Action against The Marine Bank of Milwaukee as indorser of a promissory note, made by Jacob Hoover payable to the said bank or order, at its banking office in Milwaukee.
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APPEAL from the Circuit Court for Milwaukee County. Action against The Marine Bank of Milwaukee as indorser of a promissory note, made by Jacob Hoover payable to the said bank or order, at its banking office in Milwaukee. The manner in which the indorsement was made is stated in the opinion of the court, and it was alleged in defense that the indorsement was not so made as to bind it under the general banking law of the state, and that the holder had not taken the necessary steps to charge the bank as indorser. It was proved at the trial, that John S. Harris at the time the indorsement was…
1Opinion of the Court
By the Court,
Paine, J.
This action was brought against the bank as indorser. The indorsement was a follows : “Pay to the.order of Albert J. Aiken, Marine Bank, by John S. Harris, Prest.” It is claimed that this is not a valid endorsement, and that the decisions of this court in Rockwell vs. Elkhorn Bank 13 Wis, 653, Ballston Spa Bank vs. Marine Bank, ante, 120, do not extend to an indorsement, but only to the making of a note. But we think an endorsement is as fully within the reasoning and principles of those decisions, and of the cases on which they rely, as is the making of a note.
The court…
2Cited by3 opinions
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- Glicksman v. EarleyWisconsin Supreme Court · 1890