Pay Center, Inc. v. Milton

TURSI, Judge.

In a suit on a promissory note, the trial court held that plaintiff, Pay Center, Inc., was not a holder under § 4-3-301 C.R.S. 1973, since the note had not been properly negotiated through endorsement and delivery under § 4-3-202, C.R.S.1973, and therefore, directed a verdict for defendant Ferdinand Milton. Plaintiff appeals and we reverse.

This action was brought by plaintiff as assignee of a note allegedly signed by defendant as co-maker. At the conclusion of plaintiff’s case and after the note, an affidavit of assignment executed by the payee of the note, and business records…