Coye v. Palmer
Citations
- 16 Cal. 158
- 1860 Cal. LEXIS 195
Syllabus
<p>A certificate of deposit for $1,800, payable to the order of V., was indorsed, sold and delivered by V. to L. for four hundred dollars. Payment was then at once demanded of the maker, and notice of protest served on V. Subsequently L. transferred the certificate to plaintiff: Held, that plaintiff can recover of V. only the four hundred dollars received by him, the certificate being subject, in the hands of plaintiff, to all the equities between the indorser and indorsee.</p> <p>Where the consideration passing between the indorsee and his indorser is not equal to the amount of the paper; the indorsee, in an action against the indorser, can recover only the consideration he has actually paid.</p>
How courts have described this case
Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.
- trial court did not abuse its discretion by appointing an auditor because “the record shows that the case was a proper one for an auditor”
- trial court did not abuse its discretion by appointing an auditor because \the record shows that the case was a proper one for an auditor\
Source: CourtListener parenthetical corpus (CC0).
Judges: Cope
Read full opinion on CourtListenerSourced from CourtListener / Free Law Project (CC0).
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