Majority
Syllabus
1. A bill of exchange, headed “ Office of Belleville Nail Mill Co.,” and concluding, “ charge same to account of Belleville Nail Mill Co., A. B., Pres’t, C. D., Sec’y,” is the bill of the company, and not of the individual signers; and a declaration thereon against the latter as drawers, setting forth the instrument,'and alleging it to be their bill of exchange, is bad on demurrer.after stating the case,' delivered the opinion of the court.
The bill of exchange declared on Is manifestly the draff of the Belleville Nail Mill Company, and not of the individuals by whose hands it is subscribed. It purports to be made at the office of the company, and. directs the drawee to charge the amount thereof to the account of. the company, of which the signers describe themselves as president and secretary. An instrument bearing on' its face all these signs of being the contract of the principal cannot be held to bind the agents personally. Sayre v. Nichols, 7 Cal. 535 ; Carpenter v. Farnsworth, 106 Mass. 561 , and cases there cited.
The allegation in the declaration, that the defendants made “.their ” bill of exchange, is inconsistent with the terms of the
The provision of the statute of Illinois (ed. 1877, title Practice, .sects. 34, 36) prohibiting defendants sued on written instruments from denying their signatures, except under plea verified by affidavit, has no application where the fact of signature is admitted by demurrer, and the only issue is one of law.
Judgment affirmed.
Cases cited
- Dillon v. Barnard 21 Wall. 430 p. 418