Douglas v. Rumelin

This court has determined that a writing on the back of a note, of the tenor involved in the instant case, constitutes an indorsement with additional liability and is not a collateral contract to guarantee the payment of the note only: Cady v. Bay City Land Co., 102 Or. 5 (201 Pac. 179, 21 A. L. R. 1367). See, also, National Bank of the Republic v. Price, 65 Utah, 57 (234 Pac. 231, 234).

The indorsement in the instant case was a blank indorsement and was made before delivery of the instrument. This principle is further discussed at g’reat length in Case v. McKinnis, 107 Or. 223 (213 Pac. 422,…