Jordan v. First National Bank
Court of Appeals of Georgia
Complaint; from city court of Floyd county—Judge Nunnally. February 14, 1916.
1Opinion of the CourtWade, C. J.
1. “A note payable to the order of the maker is negotiable.” 3 R. C. L. 877, 878, § 62. Bills or notes payable to the drawer or maker himself are valid negotiable instruments when indorsed by the maker or drawer. Id. 880, § 65, and cases there cited. “A promissory note payable to the order of the maker thereof and properly indorsed by him is a negotiable instrument.” Pryor v. American Trust & Banking Co., 15 Ga. App. 822 (84 S. E. 312). Such an instrument, after indorsement by the maker, “becomes a valid promissory note of which the indorsee is the pa)^.” 4 Am. & Eng. Enc. of Law (2d ed.),…
2Cases cited1 opinion
- Pryor v. American Trust & Banking Co.Court of Appeals of Georgia · 1915
3Cited by2 opinions
- United States v. Blue Dolphin Associates, Inc.District Court, S.D. Georgia · 1985
- Exchange Natl. Bank v. Howard-Kenyon Dredging Co.Louisiana Court of Appeal · 1930