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Bills And Notes - Consideration - Burden Of Proof When Holder Not A Holder In Due Course, Robert Meisenholder
Bills And Notes - Consideration - Burden Of Proof When Holder Not A Holder In Due Course, Robert Meisenholder
Michigan Law Review
Plaintiff, a maid and housekeeper for the decedent, sued the decedent's estate as payee of two checks signed by the decedent and dishonored by the drawee bank. In support of the defense of lack of consideration, the estate introduced evidence that plaintiff had been paid by the estate for her services to the decedent, and that plaintiff's daughter had told the bank's cashier that the checks had been given to her mother by decedent to be cashed when it became certain that decedent would not live. There was no other evidence. Held, the trial court properly directed a verdict …
Bills And Notes - Effect Of Endorsement "For Deposit'' - Liability Of Later Intermeddlers, Robert Meisenholder
Bills And Notes - Effect Of Endorsement "For Deposit'' - Liability Of Later Intermeddlers, Robert Meisenholder
Michigan Law Review
Plaintiff's evidence indicated that as payee of a check she endorsed it "for deposit Lena Soma" and gave it to one Handrulis for safekeeping. On the pretense that the check was his, he gave it to Sarah Alkoff, who endorsed it in blank and deposited it at the Globe bank. The Globe bank in turn sent it through the Federal Reserve Bank for collection to the drawee bank, which paid the check. The amount of the check credited to Sarah Alkoff was paid out by the Globe bank on her checks to Handrulis. The suit for diversion of the check …