Bank of Nova Scotia v. Vélez Rullán

Mr. Justice Ramírez Bages

delivered the opinion of the Court.

The Bank of Nova Scotia, appellant herein, sued Gregorio Vélez Rullán in an action of debt for the amount of $1,970 plus interest for two bank drafts issued by Ramón L. Soldevila Ferrer against appellee on July and August 1957, alleging that appellant is the holder thereof, that they were accepted by appellee and the latter refused to pay them. The name of Gregorio Vélez Rullán appears on the back of both drafts; below is the signature of Francisco Laguna, and then a stamp which says: “Pay to the order of The Bank of Nova Scotia for…