McCollum v. Graber

I respectfully dissent from the majority opinion in this case.

The check involved in this case was properly indorsed by the payee thereof. There was no restriction in the indorsement. It therefore became in effect a check payable to bearer, and everyone had a right to deal with it as snch. Sterling & Snapp v. Bender, 7 Ark. 201, 44 Am. Dec. 539; Williamson Bank & Trust Co. v. Miles, 113 Ark. 342, 169 S. W. 368, and since appellees paid full face value for the check before it was presented to the United States Treasury for payment, we have here a purchase for value of a negotiable bill before…