Johnson v. Watland

The note sued upon was given at a public farm sale held by the indorsers, Watland, the landlord, and Rasmussen, the tenant. The note was taken by the clerk at the sale, and, as appellants contend, was, without authority, made payable to "Watland and Rasmussen," and indorsed by Rasmussen with the name "Watland Rasmussen. "in order to ~et the ~roceeds of the sale. The contention of the plaintiff, as we understand, is that the note was taken in the prosecution of a joint adventure between Watland and Rasmussen, and that they have, by not returning the proceeds of the note, ratified it and its…