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Howland v. Bates

48 N.Y. St. Rep. 642 Court N.Y. City Ct. Decision date 1892-10-24 English

Delivered by Van Wyck, J.

Contents

Majority

p. 642
Louis M. Howland, Resp’t, v. De Witt C. Bates et al., App’lts.
(City Court of New York, General Term,
Filed October 24, 1892.)

Headnote

Bells and notes—Defense.
The fact that defendants, who admit making and endorsing the note in
p. 643
suit in blank, gave it to a corporation and not to the plaintiff, is no defense to an action thereon where it appears that the receiver of such corporation renounces all claim thereto and plaintiff gives evidence to show that he is the owner thereof for value and produces the note on the trial.
Appeal from judgment in favor of plaintiff, entered upon verdict directed by the court.
Thomas H. Wagstaff, Jr., for app’lts; Olin, Rives & Montgomery, for resp’t.

This action is upon a promissory note made by defendants, as they admit, for valuable consideration, payable to their own order and endorsed by them, but they alleged that the same was by them delivered to a certain corporation and not to plaintiff, and the receiver of such corporation renounces all title to or claim in the same, while the plaintiff gives evidence which clearly shows that he is the owner and holder of the same for value, and there seems no doubt but that he is, and whether he secured the note directly from defendants or from the corporation to which they contend that they delivered it for value can make no difference to defendants, for plaintiff produced the note on the trial and the same was marked in evidence and bore their endorsement in blank, and hence would pass by delivery to any one. Upon the record it is certain that neither the corporation nor its receiver could now maintain an action against the defendants upon the note. At the close of the testimony both parties requested the court to direct a verdict and neither requested to be allowed to go to the jury upon any question, and thus the court became the trier of the facts as well as of the law, and his direction of judgment for plaintiff is supported by the evidence and was not against the weight of evidence.

The judgment is to be affirmed, with costs.

Ehrlich, Ch. J., concurs.