Strickler v. Marx

The dispositive question in this appeal is whether, under the circumstances of this case, the transferee of two checks qualified as a “holder,” within the meaning of the Uniform Commercial Code (U.C.C.), so as to entitle the transferee to recover on the instruments.*

*386In March 1991, appellee James H. Marx, Sr., filed a motion for judgment against appellant Maynard Strickler seeking recovery in the amount of $11,840 with interest. This sum represents the total of two checks made in November 1981 by the defendant and eventually transferred to the plaintiff.

Following a July 1992 bench trial, the…