Summary

Portrait of Samuel Freeman Miller Samuel Freeman Miller Sweeny v. Easter — Opinion of the Court

Now, does this testimony of the witness, to the effect that Harris & Sons were not the owners of the paper, and did not sell it to defendants, or intend to give them any lien on, or title to the paper, or its proceeds when collected, contradict or vary the legal import of this indorsement? We cannot see that it does. It rather explains the transaction in perfect conformity with the real meaning and effect of the indorsement.
Source: Wikisource

Portrait of Samuel Freeman Miller Samuel Freeman Miller Sweeny v. Easter — Opinion of the Court

If defendants acquired any interest in the paper, it was not by virtue of that indorsement, but by some course of dealing with Harris & Sons, or by some other matter outside of the indorsement. The character of this indorsement also takes the case out of the rule asserted in the first proposition embraced by the exception.
Perhaps no subject connected with commercial paper has been more the subject of controversy, and of opposing and well-balanced judicial decisions, than the proposition here relied on.
Source: Wikisource

Get perspective with Kwize: daily news enlightened by great literature