Newton v. Principaal

This action was brought in justice’s court by plaintiff, as indorsee, against the defendant, as maker, of a promissory note, which, with its indorsements, reads as follows:

“$173.71. Muskegon, Mich., Aug. 15, 1884

“ Sixty days after date I promise to pay to the order of Arthur Meigs & Co. one hundred seventy-three and 71-100 dollars at Lumberman’s Nat. Bank, with interest at the rate of ten per cent, per annum. Value received. Secured by chattel mortgage of even date.

“Henry Principaal.”

INDORSEMENTS.

“Pay to the order of Orrin E. Norcross, without recourse.

“Arthur Meigs & Co.,

“ By Delano & Bunker,