Northwest Thrasher Co. v. Riggs

Citations

• 75 Kan. 518
• 89 P. 921
• 1907 Kan. LEXIS 93

Syllabus

<p>SYLLABUS BY THE COTJKT.</p> <p>Parties — Action on a Negotiable Note — Bona Fide Indorsee of Payee under Disability. The Minnesota Thrasher Manufacturing Company, without having complied with the provisions of section 1283 of the General Statutes of 1901, sold a thrashing-machine in this state and received two promissory notes in payment therefor. These notes were duly sold and indorsed by the payee, and became the property of the plaintiff. The payee also sold its entire assets and business to one R. H. Bronson, who conveyed them to the plaintiff, a foreign corporation which has fully complied with the law relating to such organizations. Held, that it has the right to maintain an action in the courts of this state to enforce payment df the notes, even though the payee could not do so.</p>