29 N.Y.S. 987 | N.Y. Sup. Ct. | 1894
This action was brought to recover upon promissory notes made by one J. Burger to the order of Clara Burger, the defendant, and payable in the state of Illinois. The defendant indorsed the same as follows: “For value received, I hereby charge my separate estate with the payment of this note.” There was no allegation in the complaint of presentment, demand of payment, and notice to defendant of such presentment, demand, and nonpayment; and the court below dismissed the complaint upon the ground that such allegation was necessary in order to
We are unable to read the contract as is contended for by the-appellants. The indorsement in question by the defendant made her no more a surety upon the notes than that of any other indorser; the special character of the indorsement being made because she was a married woman, in order that her separate estate-might be charged by such indorsement. It is to be observed that the notes were payable to her order, and indorsed by her, as far as-the transfer of the notes was concerned, in blank, and she simply made the special provision in order to charge her separate estate. It was clearly intended to be an indorsement by this married woman, and there was no intention upon her part of assuming any other liabilities than any payee, by indorsing a promissory note, usually intends. The payee of a note who indorses the same for the purpose of giving credit to the maker does not thereby become a simple surety, although such indorser knows that the indorsement is asked for for the purpose of giving credit to the maker upon the purchase of goods, and that the note will be used for such purpose. That is the whole transaction as alleged in the complaint, and such allegations in no way alter the rights of the defendant or change the character of her contract. We think, therefore, that the judgment appealed from should be affirmed, with costs. All concur.