Howard Herrin v. N.C. St. L. Ry. Co.

* Indorsement, "To the order of any bank or banker," as a restrictive indorsement, see note in 10 A.L.R., 709. The only question presented to us herein is the liability of certain indorsers upon a promissory note. The chancellor decreed against these indorsers in favor of the holder. The court of appeals reversed the decree of the chancellor in this particular, and the case is before us upon the holder's petition forcertiorari, heretofore granted.

On December 9, 1919, W.H. Underwood purchased a tract of land in Giles county, and in payment for same executed his four notes of that date payable,…