Metzger v. Sigall

Citations

• 83 Wash. 80
• 145 P. 72

Syllabus

<p>Bills and Notes — Execution—Evidence—Sufficiency. The evidence is sufficient to establish that defendants signed certain notes, where they admitted the genuineness of their signatures, and the notes were filled out from standard printed forms in common use, with no evidence of irregularities, and the defendants were professional and business men of experience.</p> <p>Same — Want of Consideration — Accommodation Makers — Bona Fide Purchasers. The fact that makers of notes received no consideration, does not affect their liability, as they would be accommodation makers, under Rem. & Bal. Code, § 3420.</p> <p>Same — Holder for Value. The payee of a note accepting the same as evidence of an actual loan of money made for her by an indorser, who guaranteed payment, is a holder for value as against accommodation makers claiming no consideration.</p> <p>Same — Transfer—Assignment for Collection. A holder for value may transfer title to notes by assignment for the purposes of collection.</p>