Endorsement Placed Above Signature Of The Preceding Endorser
This section is from the book "Canadian Banking Practice", by John T. P. Knight.
This section is from the "" book, by .
Endorsement Placed Above Signature Of The Preceding Endorser
Question 162. - A signs a promissory note payable to B, B in order to get it discounted gets C to endorse. C's endorsement, however, is placed before B's on the note. Would C be liable to B as their endorsements stood?
Answer. - C would not be liable to B under such circumstances, no matter how the endorsements stood.
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