First State Bank of Humbird v. Cox

The trial court found that plaintiff was not a holder in due course, and probably the basis for such finding was due to the fact that the note was indorsed “Wisconsin Limestone Company” instead of West Wisconsin Limestone Company. The court’s finding in that respect was “That said note was indorsed on its back as follows: ‘Wisconsin Limestone Company, by George L., Jacques, Pres.,’ but the same was never indorsed or delivered by the payee therein named and said note was not complete and regular upon its face when taken by the plaintiff bank.”

There is no question but that the note was indorsed…