Home > Journals > Michigan Law Review > MLR > Volume 29 > Issue 5 (1931)
Abstract
P executed a note and securing mortgage leaving a blank for the name of the payee and mortgagee. A, P's agent, in excess of his authority, filled in the blanks with D's name and with D's knowledge. D in good faith paid full value. Held, under sec. 6055,. Mich. Comp. Laws (1915) D has no claim against P, for he is not a holder in due course. Bronson v. Stetson, 252 Mich. 6, 232 N.W. 741.
Recommended Citation
BILLS AND NOTES-PAYEE AS HOLDER IN DUE COURSE,
29
Mich. L. Rev.
625
(1931).
Available at:
https://repository.law.umich.edu/mlr/vol29/iss5/14