Reese v. Walton

Judge Marshall

delivered the opinion of the Court

Reese, having purchased a tract of land from McClintock, passed to him as part payment, a note payable to himself, with his name indorsed in blank upon it, and McClintock afterwards passed the same note to Walton for a valuable consideration, without putting his own name upon it, and leaving the indorsement of Reese still in blank. Walton filled up this indorsement to himself, sued the obligor of the note to insolvency, and obtained judgment by default, and upon an assessment of damages against Reese, for the full amount of the note. To enjoin…