11 Tenn. 107 | Tenn. | 1832
delivered the opinion of the court.
The record sets out the evidence as it was introduced by plaintiif and defendants, and manifestly all the evidence] introduced by the ’hank, to show that Fletcher had power to indorse the note for Nichols. The declaration alleges the note to have been indorsed by Nichols, by his attorney in fact or agent, Fletcher. The note was read; Kingsley’s handwriting proved; then Nichols’ handwriting to the power, and that Fletcher indorsed the note in virtue thereof, in Nichols’ name; also, that Fletcher ordered at the foot of the note, credit by the bank to be given to Stump, the drawer. The power was the same set forth in Nichols vs. Green, (Peck’s R. 283) which opinion received the sanction of the court in different causes arising on the same power afterwards.—It is stated that the power was restricted to the business of Nichols, and only to he exercised for Nichols’ benefit, “and on his behalf.” The record shows it was exercised on the behalf of, and for the benefit of Christopher Stump. Was the jury authorized to render a verdict for the plaintiff, construing the power as the supreme
It was urged in argument, that Nichols might have been the previous indorser of Stump, and this a renewal of a former note, indorsed by Nichols’ himself, and therefore it would have been done “on Nichols’ behalf,” within the construction given to the power. Without giving any opinion whether the power authorized such an in-dorsement, it is sufficient to say, such a presumption is