53 Ind. 395 | Ind. | 1876
The complaint of the appellees sets out four several promissory notes, made by L. A. Pond, payable to the' appellant, at the First National Bank, Chattanooga, Tenn., and endorsed by him to the appellees, and avers that such notes, by the statute of Tennessee, are negotiable' in the same manner' as inland bills of exchange by the custom of merchants, setting forth the statute. The complaint contains no allegation of protest of the notes, nor of notice to the endorser. Answer, denial; trial by the court; finding for the appellees against the appellant as endorser; judgment and appeal. A question was raised on the evidence below, but for want of a bill of exceptions, setting it out, it is not presented here. The sufficiency of the complaint was questioned by a motion in arrest of judgment below, and is also here, by an assignment of error. But it is argued by the appellees that the motion in arrest was made after judgment was rendered. It does not appear so by the statement in the record. We do not decide this point, however, as the insufficiency of the complaint is assigned for error in this court. In answer to this assignment, the appellees cite the
The complaint, having shown that the notes were negotiable as inland bills of exchange by the statute of Tennessee, is insufficient for not averring notice to the appellant as endorser. In support of this rule of the law merchant, established throughout the world, no authorities need to be •cited.
The judgment is reversed, with costs; cause remanded for further proceedings, etc.