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Cite as: [1739] Mor 12258

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[1739] Mor 12258      
Subject_1 PROMISSORY NOTE.

Gordon
 v.
Forbes and Innes

 Date: 2 February 1739
Case No. No 4.

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An arrestment found preferable to a blank indorsation of a promissory note.

N. B. Such notes cannot pass by blank indorsation, but only by assignation, or a short writing on the back of the note, and till intimation to the debtor, are affectable by arrestment, and liable to compensation. For the notes of a trading company in the act of Parliament, are only understood notes of a corporate body, as the Bank, or the like.

 Fol. Dic. v. 2. p. 211. Kilkerran, (Promissory Note.) No 1. p. 440.

*** C. Home's report of this case is No 48. p. 712. voce Arrestment.

The electronic version of the text was provided by the Scottish Council of Law Reporting     

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URL: http://www.bailii.org/scot/cases/ScotCS/1739/Mor2912258-004.html