28 Mo. 596 | Mo. | 1859
delivered the opinion of the court.
The title of the cause in the caption to the petition is as follows : “ Armstrong Beattie and James M. Wilson to the use of B. W. Lewis & Bros., plaintiffs, against Henry C. Lett and John B. McAllister, defendants.” The petition then states that the defendants executed and delivered to B. W. Léwis & Bros, their certain negotiable promissory note therewith filed, which is particularly described; that said B. W. Lewis & Bros, assigned by endorsement and delivered
As the note in this case was negotiable, if it had returned to the possession of B. W. Lewis & Bros, they would have been regarded, until the contrary appeared, as the bona fide holders and owners thereof, and would have been entitled to recover, notwithstanding the endorsement on it, whether they had originally endorsed it for value or for the mere purpose of collection, “ without producing any receipt or endorsement back" from either of the other endorsers.” (Edwards on Bills & Prom. Notes, 271, 278; Story on Prom. Notes, § 452 ; Glasgow v. Switzer, 12 Mo. 395 ; Picquet v. Curtis, 1 Sumn. 478.) If, on the contrary, the plaintiffs retained the possession of the note, they had a right to maintain an action on it in their own names, although it may have been endorsed to them merely for collection, because they were trustees of an express trust and had the legal title to the note. (Webb v. Morgan, 14 Mo. 428; R. C. 1855, § 2, p. 1217.) The words, then, “ to the use of B. W. Lewis & Bros.,” in the caption, were mere surplusage and might have been stricken out without affecting the petition.
The demurrer was properly overruled, and- the judgment will be affirmed;