Ouachita Industries v. Anderson

Ed. F. McFaddin, Associate Justice.

We are here asked to determine whether the indorsement in question was an unqualified indorsement under the Uniform Negotiable Instruments Law.1

In 1954 Lloyd P. Cox and wife executed their note, which in due time was owned by appellee, W. S. Anderson ; and he placed on it the following writing:

“State of Arkansas'! County of G-arlandj ss'

“For value received I hereby assign, transfer, set over and convey all of my interest in and to the note on the reverse side hereof together with the security therefor, to CRESWELL-KEITH, INC., AN ARKANSAS CORPORATION,…