Riggs v. Price

Opinion by

Greene, J.

Action by H. Price against J. Riggs on a note for thirty-five dollars, payable to F. A. Chenoweth or bearer, in property at its fair value. The plain tiff recovered.

It is now objected that the note could only be sued in the the name of Chenoweth, and that it is not negotiable. It will be readily conceded that at common law this objection would hold good. .But a note in which the maker “ promises to pay ” “ any sum of money in personal property,” is distinctly recognized as negotiable paper by statute. Rev. Stat. 4ol, § 1. And by the same section such note “ shall be taken…